By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – Globe Telecom Inc. has secured another multibillion-peso loan to support its 2026 capital expenditure program, this time tapping state-run Land Bank of the Philippines for P10 billion.
This term loan facility will partly finance the Ayala-led telco company’s below-$1-billion capital spending plan for the year, while also supporting debt refinancing and general corporate funding requirements, Globe said in a disclosure on Thursday.
READ: Globe secures P5-B loan for 2026 capex push
This fresh financing comes on top of the P5-billion loan Globe secured from BDO Unibank Inc. last month, which was likewise earmarked for the same purposes.
