Tag: Globe Telecom

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Globe retires $426.4M debt via tender offer

Globe Telecom Inc., the financial technology and communications arm of the Ayala Group, has completed the settlement of its tender offer for outstanding USD600 million 4.2 percent senior perpetual capital securities, marking a significant step in active balance sheet management.

Globe trims hybrid debt, strengthens balance sheet

Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.

Globe, Starlink bring cell towers spaceward

Globe Telecom has made history by becoming the first mobile network operator to launch Starlink’s Direct to Cell (DTC) satellite service in the Philippines and Southeast Asia—and the second in Asia—marking a major leap toward universal mobile connectivity in the country.

Globe secures loan from Mizuho bank to boost network

Globe Telecom, Inc. has secured a JPY 20-billion term loan facility from Mizuho Bank Ltd., giving the telco fresh firepower to fund capital expenditures, refinance debt, and support general corporate needs as it sharpens its investment strategy for 2025.

Globe signs renewable energy milestone with First Abacus Financial Center

Globe Telecom has achieved a significant step toward its net-zero goals by fully transitioning The Globe Tower Cebu (TGTC) to 100 percent renewable energy.

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AC Health expands Japanese wellness pharmacy footprint

AC Health is expanding its Japanese-inspired pharmacy concept with the opening of a second St. Joseph Drug Powered by SUGI (SJS) store, four months after the format debuted at One Ayala Mall in Makati City.

British Council expands IELTS testing across Philippines

The British Council is expanding its English assessment network across the Philippines, adding testing locations and new products as demand grows for internationally recognized qualifications used for education, employment and migration.

Players push, WTA finally loosens tennis grip

Tennis players have long had a peculiar relationship with the calendar. They are expected to live on airplanes, play through aching bodies, cross time zones as casually as they change rackets, then somehow be fresh when the tournament director calls their name.

Aboitiz InfraCapital, Panglao seek closer ties to boost tourism experience

Aboitiz InfraCapital Inc. (AIC) and the Municipality of Panglao are exploring closer coordination to improve the visitor experience in one of Bohol’s busiest tourism destinations, building on upgrades at Bohol-Panglao International Airport (BPIA).

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