Published June 4, 2021, 5:06 PM
AllHome Corporation, the pioneering one-stop shop home store in the Philippines, is planning to raise P2 billion through a notes facility.
In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has approved and authorized the company to obtain a credit facility from, and accordingly execute and issue P2 billion worth of corporate notes to, certain financial institutions and primary institutional lenders.
The AllHome Board also authorized management to enter into a Notes Facility Agreement and any and all other agreements or contracts which may be required or appropriate in the premises.
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