Metro Pacific Tollways Corp. (MPTC) has secured a P3.6 billion loan from the Bank of the Philippine Islands (BPI) to help fund its ongoing projects and refinance existing debt.
In a disclosure, MPTC said it signed a 10-year fixed-rate term loan facility with BPI amounting to up to P3.6 billion. The funds will be used for capital expenditures, equity funding, refinancing of current obligations, and other general corporate needs.
The new loan comes after MPTC’s P20 billion fixed-rate bond issuance in December, which was aimed at supporting new tollway developments and reducing debt.
Proceeds from the loan will support the construction and maintenance of key infrastructure projects, including the Manila-Cavite Expressway (CAVITEX), Cavite-Laguna Expressway (CALAX), and the planned Lapu-Lapu Expressway (LLEX), as well as other investments.
MPTC operates several major expressways across the country, including CAVITEX, North Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), CALAX, Cebu-Cordova Link Expressway (CCLEX), and the NLEX Connector. The company also has investments in other ASEAN countries and provides digital and mobility-related services through its subsidiaries.
For the first nine months of 2025, MPTC reported a consolidated core net income of P23.6 billion, up 14 percent from P20.8 billion a year earlier. Power remained the company’s biggest income contributor at P17.6 billion, while water and toll road businesses contributed P5.8 billion and P4.4 billion, respectively.
