Primeiro Partners

Trusted Partners. Lasting Relationships.

  • Primeiro News. Primeiro Partners.

Primeiro News

Red Planet Secures Development Financing from Asia United Bank

Primeiro Finance News
Red Planet Hotels, the leading developer and operator of budget hotels in Southeast Asia and Japan, has closed a top-up loan facility with Asia United Bank to fund the development of an ongoing project in Metro Manila. Proceeds of the 9-year facility, set up through one of Red Planet's Philippine subsidiaries, will primarily be used to finance the development of Red Planet Manila The Fort, an envisioned 245-room property in the key business district of Bonifacio Global City. Primeiro Partners acted as Red Planet's exclusive financial advisor for the transaction.

Independence. Intellectual Capital.

Phone number: +63 2 8581 9000    |   Fax number: +63 2 8869 3676   |
19th Floor Six/NEO Building 5th Avenue corner 26th Stree Bonifacio Global City, Taguig 1634 Philippines

© 2021. Primeiro Partners. Website by StartCanada.