Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.
Listed property developer DoubleDragon Corp. on Thursday officially launched the public offering of its 7.7% fixed-rate retail bonds, following regulatory approval from the Securities and Exchange Commission.
Paramount Skydance is preparing a bid to acquire Warner Bros. Discovery, according to a report by The Wall Street Journal, a megadeal that could potentially alter the entertainment industry.
The Philippine Stock Exchange index (PSEi) is expected to post modest gains of just 3 percent to 5 percent by year-end from its current level of 6,100, largely driven by the seasonal Christmas spending surge, according to Eduardo Francisco, president of BDO Capital and Investment Corp.