PLDT upsizes loan to $145 million

PLDT has now completed its liability management exercise addressing its debts maturing in the next two years.

Prakash Chakravarti

September 05, 2002

In what marks as the final component of its comprehensive liability management exercise, PLDT has successfully closed a four-year multi-currency loan, upsizing it to $145 million from an original size of $130 million. The $145 million loan comprises commitments in yen and US dollars amounting to JPY10.91 billion and $53.3 million respectively.

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