Business

Century Pacific Food Avails Term Loan

Pasig—(PHStocks)—Century Pacific Food Inc. (PSE: CNPF) 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.