The Philippine Bank of Communications (PBCOM) has approved the Philippine Realty and Holdings Corp.’s application for a five-year term loan in the amount of P3.8 billion to partially finance the construction of the company’s Casa Unico project.
Casa Unico is a 40-story upscale residential condominium project of the company to be located in the Bonifacio South District, Bonifacio Global City, Taguig City.
PBCOM also approved the renewal of the company’s loan lines totaling P610 million to finance the company’s working capital requirements and for general corporate purposes subject to the bank’s single borrower’s limit, to expire on Dec. 31, 2024. (PR)