International Container Terminal Services Inc., the world’s largest independent terminal operator across six continents, signed a $750-million (P42 billion) six-year
term loan agreement Thursday with Metropolitan Bank & Trust Co. to further expand the former’s port operations worldwide.
International Container Terminal Services Inc., the world’s largest independent terminal operator across six continents, secures a $750-million loan Metropolitan Bank & Trust Co. to further expand its port operations worldwide. Closing the deal are ICTSI vice president and treasurer Arnie Tablante, ICTSI executive vice president, chief compliance officer and chief sustainability officer Christian Gonzalez, Metrobank president Fabian Dee, ICTSI chairman and president Enrique Razon Jr.
“ICTSI plays a vital role in various markets. Its efforts in building catalysts of growth worldwide make the Filipino standard, a goal for all. We are happy to be able to support ICTSI’s global initiatives and we are proud to play a role in its success,” Metrobank institutional banking sector head Caparas said.
“At the same time, this relationship enables us to act more proactively on M&A opportunities of all sizes. Metrobank has been a tremendous partner for us in building our global portfolio and in expanding our position as one of the Philippines’ true global corporate players,” Gonzalez said.
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