GLOBE Telecom Inc. has obtained P20 billion in term loan facilities with two local banks to fund its capital expenditures (capex) this year and refinance debt.

The Ayala-led telco said it signed term loan facilities of P10 billion each with BDO Unibank Inc. and Metropolitan Bank & Trust Company.

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