SN Aboitiz Power-Benguet, Inc., a unit of Aboitiz Power Corp. (AboitizPower), secured a bigger credit facility of $436.23 million from its lenders after it refinanced the peso loan component of its existing $375 million loan obtained in August 2008.

In a disclosure to the Philippine Stock Exchange (PSE), Aboitiz Power said that after refinancing, SN Aboitiz Power-Benguet’s credit facility will be up to $436.23 million from the remaining lenders: International Finance Corporation, Nordic Investment Bank, Bank of the Philippine Islands, and BDO Unibank, Inc.

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