(Seated, from left) UnionBank SVP Frederick Claudio, UnionBank SEVP Eugene Acevedo, UnionBank President and COO Edwin Bautista, MNTC President Rodrigo Franco, MNTC Chief Financial Officer Maria Theresa Wells and MNTC AVP Amadeo Bejec.

Banking and Financial Services

Building Roads For A Brighter Tomorrow

Manila North Tollways Corp. (MNTC) signed a PHP5-billion loan facility agreement with UnionBank. The 10-year fixed rate loan will be used to support the company’s toll road expansion projects and refinance its debts.