Manila Water loans P7 billion from Landbank | ABS-CBN

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Manila Water loans P7 billion from Landbank

Manila Water loans P7 billion from Landbank

ABS-CBN News

 | 

Updated Dec 20, 2023 02:23 PM PHT

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MANILA -- Manila Water Company, Inc. has signed a P7 billion 10-year
term loan facility with the Land Bank of the Philippines.

In a disclosure to the Philippine Stock Exchange, the utility company said the money will be used to fund their capital expenditure.

Manila Water has announced that water rates will rise next year of P6.41 per cubic meter.

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