I am pretty much sure there's no such words written in Mt. 16:18 as "Catholic and Apostolic church" But that does not mean the CATHOLIC CHURCH is a fake church!
But that error does not even help them in their claim that the Iglesia Ni Cristo® is the "true" church founded by Christ.
As far as the IGLESIA NI CRISTO® is concern, they should not deny the FACT that the INC™ Hierarchy ACCEPTS the TRUTH that the CATHOLIC CHURCH is the ORIGINAL CHURCH ESTABLISHED by CHRIST and wasn't apostatized yet, thus admitting that the IGLESIA NI CRISTO® is a fake church.
If the Catholic Church is the true Church founded by Christ and it's still existing until now, then the Iglesia Ni Cristo®'s TOTAL APOSTASY doctrine simply yields to the fact that the INC™ is definitely a FAKE CHURCH.
That was recorded in their OFFICIAL MAGAZINE called PASUGO, "Hindi niya (diablo) ginawang biglaan ang pagtalikod..." referring to the Catholic Church, in 1966 was still the TRUE CHURCH, almost 52 years after the INC™ was established in Punta, Santa Ana in Manila.
PASUGO, Abril 1966, p. 46:
“Ang totoo hanggang sa kasalukuyan ay patuloy na ginagawa ni Satanas ang pagpapasok ng mga maling aral sa Iglesia Katolika na sa pasimula'y siyang Iglesia ni Cristo. Sadyang matalino at tuso ang diablo. Hindi niya ginawang biglaan ang pagtalikod sa Iglesiang itinayo ni Cristo noong unang siglo."
PASUGO July August 1988 pp. 6.
“Even secular history shows a direct time link between the Catholic Church and the Apostles, leading to the conclusion that the true Church of Christ is the Catholic Church.”
PASUGO March-April 1992, p. 22
"The Church of Christ during the time of the Apostles became the Catholic Church of the bishops in the second century..."