MAYNILAD Water Services, Inc., a unit of Metro Pacific Investments Corp. (MPIC), has signed an P18.5-billion notes facility with various banks to refinance existing debt and for general corporate requirements.

MPIC informed the Philippine Stock Exchange (PSE) on Monday that Maynilad has signed a notes facility with various banks and that the term loan carries a tenor of seven, 10, and 15 years.

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