BDO Opens P2 Billion Loan Facility for ISOC Land’s iLand Bay Plaza

BDO Opens P2 Billion Loan Facility for ISOC Land’s iLand Bay Plaza. BDO Unibank Senior Executive Vice President Walter Wassmer and ISOC Holdings, Inc. Chairman Mike Cosiquien recently signed a loan agreement giving the company access to PhP2 Billion pesos earmarked for its foray into the property business via iLand Bay Plaza. Also present during the signing are BDO Executive Vice President Jeanette Javellana, BDO First Vice President Katherine Go, and ISOC Holdings President Jess Chua, and ISOC Land President Ram Lombos. iLand Bay Plaza is a 12-storey mixed used development located along Macapagal Boulevard, Pasay City with 23541 sqm of commercial office and retail space. It is designed to be an energy efficient green office building with an intelligent building management system and 24/7 back up power supply to meet the exacting demands of BPO and KPO companies. ISOC Holdings, Inc. also has interests in logistics via ORCA Cold Chain Solutions, power, and infrastructure with their proposed common telco towers project. BDO is the country’s largest bank with a number of local and international awards committed to the growth of the country’s entrepreneurs and investors.

ISOC Holdings, Inc. Chairman Mike Cosiquien with BDO Senior Executive Vice President Walter Wassmer  view the iLand Bay Plaza scale model during the loan term agreement signing on August 28.

 

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