Globe closes P5B term loan facility with Bank of Commerce

The Evolution of Globe A Journey of Growth and Innovation

As we enter 2025, it's thrilling to witness the ongoing transformation within industries. One exemplary case is Globe Telecom, Inc. (Globe), a pioneering telecommunications company in the Philippines. Recently, Globe secured a P5 billion term loan facility with Bank of Commerce, further fueling its growth and innovation endeavors.

A New Era of Growth

In 2025, Globe aims to solidify its position by investing heavily in capital expenditures (CAPEX) to stay ahead of the curve. This strategic approach will enable the company to better respond to the growing demand for digital services and emerging technologies. With a capex guidance of below $1 billion for the full year, Globe is poised to outmaneuver competition with its innovative approach.

The Roadmap Ahead

Globe's P5 billion term loan facility will be utilized to

Partially fund capital expenditures (CAPEX) to future-proof its network
Refinance debt and strengthen its financial position
Support general corporate requirements

This substantial investment underscores Globe's commitment to innovation, customer satisfaction, and business growth.

What's Next?

As we gaze into the horizon of 2025, it's evident that Globe is well-positioned for continued success. With its focus on innovation, network strengthening, and strategic investments, the company will undoubtedly continue to evolve and grow.

Conclusion*

Globe's P5 billion term loan facility with Bank of Commerce marks a significant milestone in the company's journey towards growth and innovation. As we reflect on the evolution of Globe, it's clear that this leading telecommunications company is dedicated to staying ahead of the curve, adapting to changing market trends, and delivering exceptional customer experiences.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.