Manila Water: Third Omnibus Loan and Security Agreement with Laguna AAAWater, DBP

Manila—(PHStocks)—Laguna Water, a subsidiary of Manila Water Co. Inc. (PSE: MWC), has signed a Third Omnibus Loan and Security Agreement in the amount of PhP833 Million, with the Development Bank of the Philippines through the Philippine Water Revolving Fund.

The proceeds of the loan will be used to finance the additional capital expenditures of Laguna Water to fulfil its service obligations and expansion plans in the province of Laguna.

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