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Philippines Most Indebted Company San Miguel in Talks for $2 Billion Loan

Philippines Most Indebted Company San Miguel in Talks for $2 Billion Loan
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SMC is said to be in talks with banks for $2-B loan • BusinessMirror

San Miguel Corp. (SMC), the Philippines’s most indebted company, is in talks with at least 10 banks for a $2-billion loan as it looks to refinance a similar-sized facility maturing in December next year, according to three people familiar with the matter. The food-to-power conglomerate is looking for a 5-year debt and aims to mandate

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