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  • CNPF: P500 Million Term Loan

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    Century Pacific Food, Inc. has secured a 5-year fixed rate term loan of 500 million Philippine pesos from an unnamed lender. The loan will be used to partially refinance short-term loans that were previously obtained to acquire Century Pacific Agricultural Ventures, Inc. The disclosure was made in a letter from Century Pacific Food's Investor Relations Officer to the Philippine Stock Exchange.

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    CNPF: P500 million term loan

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    CNPF: P500 million term loan

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    Century Pacific Food, Inc. has secured a 5-year fixed rate term loan of 500 million Philippine pesos from an unnamed lender. The loan will be used to partially refinance short-term loans that were previously obtained to acquire Century Pacific Agricultural Ventures, Inc. The disclosure was made in a letter from Century Pacific Food's Investor Relations Officer to the Philippine Stock Exchange.

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    34 views1 page

    CNPF: P500 Million Term Loan

    Uploaded by

    BusinessWorld
    Century Pacific Food, Inc. has secured a 5-year fixed rate term loan of 500 million Philippine pesos from an unnamed lender. The loan will be used to partially refinance short-term loans that were previously obtained to acquire Century Pacific Agricultural Ventures, Inc. The disclosure was made in a letter from Century Pacific Food's Investor Relations Officer to the Philippine Stock Exchange.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Centerpoint

    Building, Julia Vargas Ave.,


    Ortigas Center, Pasig City, Philippines
    TL: (632) 633-8555
    www.centurypacific.com.ph




    April 20, 2016


    PHILIPPINE STOCK EXCHANGE, INC.
    3rd Floor Philippine Stock Exchange Plaza,
    Ayala Triangle, Ayala Avenue,
    Makati City, Philippines


    Attention: Ms. JANET A. ENCARNACION
    Head, Disclosure Department


    RE:
    Availment of Term Loan

    Gentlemen:

    Please be informed that Century Pacific Food, Inc (the Company) has entered into an
    agreement to secure a 5-year fixed rate term loan in the amount of Php500 million.

    Proceeds shall be used by the Company to partially refinance short-term loans that were
    obtained for the acquisition of Century Pacific Agricultural Ventures, Inc.


    Very Truly Yours,

    GIOVANNA M. VERA
    Investor Relations Officer

    To nourish & delight everyone, everyday, everywhere

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