Information reads: “Conservatively, Dennis Uy’s outstanding loans today should be at around P70 billion to P80 billion, excluding the loans of Dito Telecommunity which were lent by banks on the basis of China Telecom’s credit standing,” said another person familiar with the deal.
"Foreclosure is not the preferred option,” he said. “The situation can be remedied if they are willing to work with the banks.”
"Conservatively, Dennis Uy’s outstanding loans today should be at around P70 billion to P80 billion, excluding the loans of Dito Telecommunity which were lent by banks on the basis of China Telecom’s credit standing,” said another person familiar with the deal."
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