REAL estate developer Rockwell Land Corp. on Wednesday said it intended to secure P10 billion in term loan facilities from two local banks to finance its capital expenditures, land acquisitions, and planned investments.
In a filing with the stock exchange, Rockwell said that its board of directors had greenlit a P5-billion, 10-year term loan facility with Philippine National Bank (PNB) as well as a P5.0 billion seven-year term loan with Rizal Commercial Banking Corp. (RCBC).
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.