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Philippine Arena operator has 2 Billion Loan

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https://en.wikipedia.org/wiki/Philippine_Arena

Location Ciudad de Victoria, Santa Maria, Bulacan, Philippines
Coordinates 14°47′46″N 120°57′16″E
Owner Iglesia Ni Cristo (New Era University)
Operator Maligaya Development Corporation
Capacity 55,000[1]

:glee:

due date ngayong october 22, 2015

Comments

  • BeerhandBopBeerhandBop PEx Influencer ⭐⭐⭐
    tell me what i am looking at.

    somebody took out a loan on July 2015... and it's maturity date is octuober 2015.. that's 90days?
  • Adore_Deli_GinAdore_Deli_Gin PEx Influencer ⭐⭐⭐
    tell me what i am looking at.

    somebody took out a loan on July 2015... and it's maturity date is octuober 2015.. that's 90days?

    Bridge Loan malamang. Pantapal lang. Kahit unsecured nakasulat I think the arena itself is the collateral. The loan will likely be rolled-over.

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