Manila Water seals P27-B loan for takeover of WawaJVCo

MANILA, Philippines — Manila Water Co. has obtained a loan of up to P27 billion from BDO Unibank Inc. to provide capital for its acquisition of WawaJVCo Inc. In a filing on Wednesday, the company that Enrique Razon Jr. leads said it sealed a 15-year term loan facility with the Sy-led bank. The funds would