PRIME Infrastructure Capital Inc. (Prime Infra) said Thursday that it had signed a P5-billion loan agreement with Land Bank of the Philippines (LandBank) to partially fund the development of its core businesses.
PRIME Infra structure Capital Inc. said Thursday that it had signed a P5-billion loan agreement with Land Bank of the Philippines to partially fund the development of its core businesses.The Enrique Razon-led company said the loan would be used for working capital requirements and bridging the syndicated term loans of projects in sustainable and renewable energy, water and bulk water supply, and waste management and sustainable fuels.
We're looking forward to further growing this relationship,' she added.Prime Infra's projects are focused on helping ensure water security, provide dependable energy, and implement proper waste management solutions.The company reported that for this year, it achieved significant milestones such as strengthening its position in the water market through Manila Water Co. Inc.
Infra Landbank Ink P5-B Loan Agreement
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