Prime Infra, LandBank ink P5-B loan agreement

By Ed Paolo Salting

Sep 06, 2024 12:15 am

PRIME Infrastructure Capital Inc. (Prime Infra) said Thursday that it had signed a P5-billion loan agreement with Land Bank of the Philippines (LandBank) to partially fund the development of its core businesses.

The Enrique Razon-led company said the loan would be used for working capital requirements and bridging the syndicated term loans of projects in sustainable and renewable energy, water and bulk water supply, and waste management and sustainable fuels.

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