ABOITIZ Power Corp. (AboitizPower) said on Wednesday that a coal facility it jointly owns with Ayala Corp. has signed a notes facility agreement with a consortium of five lenders worth up to $800 million (P40.92 billion).

AboitizPower informed the Philippine Stock Exchange that GNPower Mariveles Coal Plant Ltd. Co. signed the agreement with BDO Unibank, Inc., China Banking Corp., Land Bank of the Philippines, Philippine Bank of Communications, and Security Bank Corp.

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