Globe Telecom Closes Term Loan Facility with Bank of Commerce
Globe Telecom, Inc. signed a term loan facility of Php 5 billion with Bank of Commerce. The loan shall be used to partially finance the Company’s capital expenditures (capex), debt refinancing, and other general corporate requirements. Globe’s capex guidance for the full year 2025 is below US$1 billion, which reflects the Company’s continued investments to…
