Batangas SteelAsia

SteelAsia Lemery Steel Mill Project - Financing

Borrower(s)
Batangas SteelAsia
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Philippines

Project Overview

SteelAsia Manufacturing has secured an PHP8.3 billion (about $144 million) loan to complete its PHP18 biliion ($312 million) steel section mill in Lemery, Batangas. The facility, which will be the company’s 7th plant, will be fully commissioned in 2025.

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Deal Volume
$143.96m
Dealmakers
Sources

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Project Deals

Steel Section Mill in Lemery, Batangas Project
$311.94m
Greenfield
Manufacturing
Asia Pacific
Asia Pacific
Philippines