Emperador offshore unit seals 300-M euro loan

MANILA, Philippines — Liquor powerhouse Emperador Inc. will guarantee a 300-million-euro ($345-million) loan facility to refinance an existing obligation of its wholly owned Emperador International Ltd. (EIL). In a regulatory filing on Monday, the firm led by tycoon Andrew Tan said the new facility would be backed jointly with Emperador Distillers Inc. (EDI) as guarantors. READ: