MPTC looks to tap local, foreign banks to reduce debt before IPO

METRO PACIFIC Tollways Corp. (MPTC) is looking to tap local and foreign banks as it seeks to raise fresh funds after putting its planned initial public offering (IPO) on hold, its top official said. “The general outlook is we need to raise money to reduce our debt level. The problem is our debt level is […]

MPTC looks to tap local, foreign banks to reduce debt before IPO
METRO PACIFIC Tollways Corp. (MPTC) is looking to tap local and foreign banks as it seeks to raise fresh funds after putting its planned initial public offering (IPO) on hold, its top official said. “The general outlook is we need to raise money to reduce our debt level. The problem is our debt level is […]