Home » Maritime » ATI inks P250M credit facility with Metrobank

SIAN Terminals, Inc (ATI) last week signed a P250-million, five-year revolving credit facility with Metrobank.

“The facility is intended as a standby fund to finance the projects of the company in the ensuing years,” the port operator said in a disclosure to the Philippine Stock Exchange.

ATI is expanding and upgrading its South Harbor terminal by adding two new ship-to-shore cranes. Manufactured by Liebherr, the cranes are capable of twin lifts of up to 60 tons. They will be operational next year.


No comments yet... Be the first to leave a reply!

Leave a Reply

Your email address will not be published. Required fields are marked *

16 − 2 =

Please support the site
By clicking any of these buttons you help our site to get better
Social PopUP by SumoMe
Copy Protected by Chetan's WP-Copyprotect.