It is seeking financing from World Bank unit International Finance Corp and other sources.
The proceeds from the loan would be used to partially finance the company’s medium-term capital expenditure plan.
A company spokesman tells Recharge that “no definitive agreement has been signed” with IFC and other sources yet.
The Philippine-listed firm had last week inked a three-year $175m syndicated term loan facility with Australia and New Zealand Banking Group (ANZ).
The
