March 12, 2018 / 6:26 AM / in 7 months

BRIEF-PLDT Confirm news article regarding borrowing of 16 BLN PESOS To Refinance Maturing Obligations

March 12 (Reuters) - Pldt Inc:

* REFERS TO NEWS ARTICLE ENTITLED “PLDT TO BORROW P16 B TO REFINANCE MATURING OBLIGATIONS” PUBLISHED ON MARCH 12

* CONFIRMS THAT PLDT AND SMART PLAN TO REFINANCE THEIR MATURING OBLIGATIONS OF 16 BILLION PESOS IN 2018, MAINLY THROUGH PESO BANK LOANS‍​ Source text for Eikon: Further company coverage:

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