Amount: ₱346,598,230.95 Date Loan Granted: July 22, 2014
Maturity Date: July 22, 2029
Payment Terms:15 yrs. on principal amortization-payable monthly inclusive of 2 years grace period
Interest Rate: 4.82% p.a. Amount of Interest: ₱110,049,952.41
Other Charges:
Projects Funded or to be funded out of the loan and amount/s involved:
Completion of the construction of the Four-Storey Central Block bldg. including equipment
Source of Funding to be used in paying the loan: General Fund – Hospitals
Guarantee/Collateral provided, if any Hold-Out Time Deposit
Current Outstanding Loan Balance ₱ 122,744,038.08
Arrears, if any: Principal None
Interest None
Deposit to Bond Sinking Fund for the year: None
Name of Loan: Term Loan
Type of Loan: Note
Kind of Indebtedness: Domestic
Purpose of Loan: Construction of New Negros Oriental Government Center
Authority for Loan: SP Res #103dtd 02/05/2024
Bank/Lending Institution: Development Bank of the Philippines
Date Loan was Granted:
Amount: P1,460,000,000.00 July 30, 2024
Maturity Date: July 30, 2039
Payment Terms: 15 yrs. on principal amortization-payable monthly inclusive of 2 years grace
period
Amount of Interest:
Interest Rate: 4.50% p.a. P 4,186,908.58
Other Charges: Documentary stamp P 1,641,925.50
Projects Funded or to be funded out of the loan and amount/s involved:
Construction of New Negros Oriental Government Center
Source of Funding to be used in paying the loan: General Fund
Assignment of 20% of
Guarantee/Collateral provided, if any National Tax Allotment
Current Outstanding Loan Balance P 218,923,324.27
Arrears, if any: Principal None
Interest None
Deposit to Bond Sinking Fund for the year: None
Land Bank of the Philippines
Name of Loan: Term Loan
Type of Loan: Note
Kind of Indebtedness: Domestic
Purpose of Loan: Installation of Solar Streetlights to 25 LGUs in Negros Oriental
Authority for Loan: SP Res #103dtd 02/05/2024
Bank/Lending Institution: Land Bank of the Philippines
Date Loan was Granted:
Amount: P750,000,000.00 July 30, 2024
Maturity Date: July 29,2033
Payment Terms: 9 yrs. on principal amortization- payable quarterly with grace period of 9
quarters from initial release on principal
Amount of Interest:
Interest Rate: 4.50% p.a. P 755,316.79
Other Charges: Documentary stamp P 499,440.00
Projects Funded or to be funded out of the loan and amount/s involved:
Construction of New Negros Oriental Government Center – First Release
Source of Funding to be used in paying the loan: General Fund
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