Rockwell taps P5B loan | Inquirer Business

Rockwell taps P5B loan

By: - Business Features Editor / @philbizwatcher
05:04 PM February 22, 2016

PROPERTY developer Rockwell Land Corp. is raising up to P5 billion from a bilateral loan facility with Metropolitan Bank and Trust Co.

Rockwell told the Philippine Stock Exchange on Monday that its board had approved the availment of five-, seven- or 10-year bilateral term loan facility with Metrobank.

The property developer has been expanding its residential and commercial property development. The stated strategy has been to broaden its residential market as well as expand its leasing portfolio and landbanking.

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TAGS: Metrobank, Rockwell, Rockwell Land Corp.

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