MPTC may further delay listing as debt, projects take priority - BusinessWorld Online

MPTC may further delay listing as debt, projects take priority - BusinessWorld Online

METRO PACIFIC Tollways Corp. (MPTC) may further delay its plan to list on the stock exchange as the company focuses on debt reduction and completing ongoing road projects, according to its president. “The need for an infusion of equity is still there but we have prioritized the debt servicing agreements for the maturities that are going to be expected in the next 12 months, we need to meet those requirements because this will greatly improve the…