Globe Telecom signs 15-year P5B term loan with Union Bank

Globe Telecom signs 15-year P5B term loan with Union Bank

- in Economy, News
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@MindaNation

Globe Telecom recently signed with Union Bank of the Philippines a 15-year P5-billion term loan, which will be used to finance the acquisition of San Miguel’s telecommunications assets. Globe Telecom President & CEO Ernest Cu (center) and Globe Chief Finance Officer Rizza Maniego-Eala (second from left) signed for the leading telecommunications company. Signatories for Union Bank were Union Bank Chairman & CEO Justo Ortiz (second from right), Union Bank President & COO Edwin Bautista (extreme right), and Chief Operating Officer and Senior Executive Vice President, Retail & Corporate Banking Head Eugene Acevedo.


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