MPIC and Cavitex Holdings Enter into PhP6.77B Financing, Cooperation Agreement

Manila—(PHStocks)—Cavitex Holdings Inc. (formerly Coastal Road Corporation) (CHI) and Metro Pacific Investments Corporation (MPIC, PSE: MPI) and its subsidiary Metro Pacific Tollways Corporation (MPTC) jointly announced a PhP6.77 billion financing and cooperation agreement between CHI and MPTC. Under the agreement with CHI, CHI will issue a Convertible Note to MPTC which will entitle MPTC the […]
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