FPHC: First Philippine Holdings signs P10-B loan deal with BDO

LOPEZ-LED holding company First Philippine Holdings Corp. (FPH) has secured a P10-billion loan from Sy-led BDO Unibank, Inc. to support its capital requirements. FPH said it executed a 10-year term loan agreement with BDO, which has a one-year availability period. "It will be used to fund general corporate and other working capital requirements," FPH said [...]