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Globe signs P7.6-B loan with Japan’s Mizuho to support capex

19 November 2025
in Business
Reading Time: 2 mins read
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Globe signs P7.6-B loan with Japan’s Mizuho to support capex
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GLOBE TELECOM, INC. has signed a ¥20-billion (around P7.6 billion) term loan facility with Mizuho Bank, Ltd., a major Japanese commercial bank, to partially finance its capital expenditures (capex), debt refinancing, and other corporate requirements for the year.

In a stock exchange disclosure on Wednesday, the Ayala-led telco said it had invested approximately P31.4 billion in capex for the first nine months of 2025, down 23% from P41 billion in the same period last year.

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