COVER SHEET

P w 0 0 0 0 1 1 7 7

G L o B E T E L E c o M I N c

(Company's Full Name)

2 7 I F T H E t L o B E T o w E R

3 2 N D S T R E E T c o R N E R 7 T H A V E N U E

B o N I F A c I o G L o B A L c I T Y T A IJ U I lJ

ROSEMARIE MANIEGO-EALA

Month DayFiscal YearR

Dept. Requiring this Doc.

(Business Address: No. Street City / Town / Province)

FORM TYPE

Secondary License Type, if Applicable

Domestic

Telephone Number

Month DayAnnual Meeting

ForeignTotal No. Of Stockholders

797-2000

,| 2 3 1 1 7 c 0 4 1 3

III

To be accomplished by SEC Personnel concerned

LCU

Cashier

umber

Document l.D.

t-

STAMPS

Remarks = pls. Use black ink for scanning purposes

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

1. 29 Se ember 2016

2

SEC ldentification Number

4. GLOBE TELECO ING.

BIR Tax ldentification Number000-768-480-000

Province, country or other jurisdrction ofincorporation

7. 27lF The Globe Tower, 32nd Street corner 7th Avenue,Bonifacio GloPel.-c-i$,.-TisHAddress of principal offlce

.....GF-q..U-sg.-oi.rvi.........lndustry Classification Code

1634

Postal code

Registrant's telephone number, including area code

9

Number of Shares of Common StockOutstanding and Amount of Debt Outstanding

(as of June 30, 2016)132,758,388

88,136COMMON SHARES

TOTAL DEBT fl n..llilligns.-ef.F..-e.:-o-:)...........

lndicate the item numbers reported herein Please refer to attached

Re: Globe Telecom signs P7 Billion Term Loan with Union Bank of the Philippines

Pursuant to the requirements of the Securities Regulations Code, the regiskant has dulycaused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GLOBE TELECOM, INC

ATTY VECompl nce Officer, Assjstant Corporate

Secretary and Vice President -Law and Compliance

CURRENT REPORT UNDER SECTION 17OF THE SECURITIES REGULATIONS CODE (SRC)

AND sRc RULE 17(a)-1(bX3) THEREUNDER

Date of Report (Date of earliest event reported)

1177 3.

Exact Name of registrant as specified in its charter

PHILIPPINES 6.

8. (02) 797-2000

Former name or former address, if changed since last report

10. Securities registered pursuant to Sections 4 and 8 of the SRC

Title of Each Class

Registrant

Date: 29 September 2016

S cloo" lq Gtobe Telecom, lnc.The Globe Tower32nd Street corner 7th Avenue,Bonifacio Gtobal City,Taguig, PhiLippines 1 634

29 September 2016 +632 .7 97 2OOO

@ www.gtobe.com.ph

Securities and Exchange CommissionAttn: Mr. Vicente Graciano Felizmenio, Jr.

Director - Markets & Securities Regulation DepartmentS.E.C. Building, EDSAMandaluyong City

Philippine Stock ExchangeAttn: Mr. Jose Valeriano B. Zuflo lll

OIC - Head, Disclosure Department3d Flr. Tower one and Exchange PlazaAyala Triangle, Ayala AvenueMakati City

Philippine Dealing and Exchange CorporationAttn: Ms. Vina Vanessa S. Salonga

Head - lssuer Compliance and Disclosure Department37'n Flr. Tower 1. The Enterprise Center6766 Ayala Avenue corner Paseo de RoxasMakati City

Gentlemen/Mesdames:

Very truly yours,

ATTY ISAL crocsoN-coCom tance Offlcer, Assrstant Corporate Secretary, and

We respectfully submit a copy of the SEC form 17-C regarding our press release entitled "GlobeTelecom signs P7 Billion Term Loan with Union Bank of the Philippines"

VVice President - Law and Compliance

ffiGtobePRESS RELEASESeptember 29,2016

Globe Telecom signs P7 Billion Term Loanwith Union Bank of the Philippines

Globe Telecom, lnc. signed a 1O-year P7 billion term loan facility with Union Bank of

the Philippines. The loan shall be used to finance the company's capital expenditures.

Globe set a capital expenditure of P35.4 billion for 2016, majority of which would be

invested in data-related projects, including LTE for mobile and @Home, capacity and

coverage augmentation of 3G and HSPA+, modernization of fixed line data infrastructure

and requirements for transmission facilities. The Company spent P 17.0 billion in capital

expenditures as of end-June this year to support the growing subscriber base and its

increasing appetite for data.

Globe closed the first six months of 2016 with consolidated service revenues of

P59.6 billion, 11% higher than the P53.8 billion recorded in the same period last year.

Despite the heightened competitive intensity, the revenue growth was underpinned by the

rise in data-related service revenues across mobile, home broadband and corporate data,

driven by the Company's efforts in providing market-relevant data offers and the sustained

investments in Globe's data network.

***

For more information, contact:Yoly C. CrisqntoHe ad, C orporat e C ommunic at ionsGlobe Telecom, Inc.Email Address : gtcorpcomm@globe.com.phG I o b e P r e s s Ro o m : www. gl ob e. c om. p lt/pre s s -r o omTw itter : @talk2 GLOB E I Faceb ook; www.faceb ook. com/gl obeph