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Globe gets fresh funds for capex
Manila Bulletin
|September 13, 2025
Globe Telecom Inc. has signed a term loan facility of ®5 billion with Bank of Commerce (BankCom), the banking arm of San Miguel Corp., to bankroll expansion projects and other financing needs.
In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said the loan will be used to partially finance capital expenditures (capex), debt refinancing, and other general corporate requirements.
Globe said it is consistently investing in its network to ensure it remains responsive to the growing demand for digital services and emerging technologies.
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