₱5-Billion partnership of Sta. Lucia Land Inc. with China Banking Corp. | BusinessMirror
Source: BusinessMirror
Published on: 2023-12-19 16:06
Sta. Lucia Land Inc. (PSE: SLI) has beefed up its finances by entering into a P5-billion 5-year loan with China Banking Corp. (PSE: CHIB). A signing ceremony was held last 28 November 2023 at the Chinabank head office in Makati City. The proceeds of the term loan agreement will be used to partially fund SLI's nationwide expansion plans and refinance borrowings. Present during the signing ceremony where the top executive leaders of both organizations namely: From China Banking Corp. Led by its President and CEO-Mr. Romeo Uyan Jr., EVP and Head of Institutional Banking-Ms. Lilian Yu, EVP & CFO-Mr. Patrick Cheng, Chinabank Capital President-Mr. Ryan Tapia, FVP-Mr. Manolet Moreno and SAVP Mr. Marco Panajon. From Sta. Lucia Land Inc: Led by its President-Mr. Exequiel Robles, Chairman-Vicente Santos, EVP/CFO/CRO-Mr. David Dela Cruz, Treasurer/Director-Ms. Marissa Tan, Director-Mr. Orestes ...
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