GIC INVESTS PHP 3.4 BILLION INTO CENTURY CANNING CORPORATION, PARENT COMPANY OF CENTURY PACIFIC FOOD, INC.Exchangeable Loan Agreement • May 5th, 2014
Contract Type FiledMay 5th, 2014GIC, Singapore’s sovereign wealth fund, through its private equity arm, and Century Canning Corporation (“CCC”), parent company of soon to be listed Century Pacific Food Inc (“CNPF”), entered today into an Exchangeable Loan Agreement for a principal amount of Php3.4 Billion. CCC will use the proceeds to finance growth and expansion of existing subsidiaries including but not limited to CNPF, possible acquisitions, possible entry into new businesses, and other general corporate purposes.