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Banking

PVB extends P260-M loan

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MANILA, Philippines - The Philippine Veterans Bank (PVB) has granted EastBay Resorts Inc., owner and operator of Thunderbird Resorts in Rizal and Poro Point, a P260-million loan recently to finance the expansion of the latter’s property in Binangonan that will include the development of a state-of-the-art event center.

With the expansion of its Rizal property, EastBay Resorts Inc. believes this will pave way for more tourism and economic gains for the province. Fortman Cline Capital Markets acted as financial advisor to EastBay Resorts.

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BINANGONAN

EASTBAY

EXPANSION

FORTMAN CLINE CAPITAL MARKETS

INC

PHILIPPINE VETERANS BANK

RESORTS

RESORTS INC

RIZAL

RIZAL AND PORO POINT

THUNDERBIRD RESORTS

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