MNTC taps PNB for P5-B, 10-year loan (Philippine Star)

MANILA, Philippines – A unit of Metro Pacific Investments Corp. (MPIC) is borrowing P5 billion from the Philippine National Bank (PNB) to fund its capital expenditures. In a disclosure to the Philippine Stock Exchange yesterday, MPIC said Manila North Tollways Corp. (MNTC) has entered into an agreement with PNB for a 10-year fixed-rate term loan facility…