Iglesia Ni Cristo P 2 Billion Loan From Banco De Oro

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Lender: Banco de Oro (BDO)

Borrower: Maligaya Development Corporation (MDC)

Principal: P2,000,000,000.00 (2 billion pesos)

Interest rate: 4% per annum

Date of acquisition: July 31, 2014

Year-to-date (YTD): July 24, 2015

Interest year-to-date: P59,111,111.12

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