Globe Telecom of the Philippines has signed a PHP5 billion (USD114 million) loan with Rizal Commercial Banking Corp (RCB) to fund its capital expenditure for next year. The details of the seven-year loan, the second major borrowing announcement from Globe in recent weeks, were disclosed in a filing to the local stock exchange
Link:
OVETEL Globe inks PHP5bn loan for CAPEX with RCB
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