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StanChart closes Philphos credit line

16 January 2012

Three banks have signed the senior level of a jumbo credit line, guaranteed by Philippine export credit agency PhilExim, on behalf of Philippine Phosphate and Fertiliser Corporation.

Read more: Philippine Phosphate and Fertiliser Corporation Philphos PhilExim

Philippine Veterans Bank, Standard Chartered and United Coconut Planters Bank, have signed the senior level of a $57.7 million credit line on behalf of fertiliser producer, Philippine Phosphate and Fertiliser Corporation (Philphos).

The deal is...


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