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                    [ArticleID] => 252270
                    [Title] => IFC takes 9% stake in Manila Water
                    [Summary] => The International Finance Corp. (IFC), the private sector arm of the World Bank, will acquire a nine percent stake in Manila Water Co. (MWC) for $15 million, its first ever investment in the water sector in East Asia.


At the same time, IFC has agreed to extend a $30 million, 13-year loan facility to MWC which will be used to fund capital requirements over the next five years, as well as possible expansion initiatives in other areas of the country and the Asian region.


                    [DatePublished] => 2004-06-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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AQUINO AND MANILA WATER

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                    [ArticleID] => 252270
                    [Title] => IFC takes 9% stake in Manila Water
                    [Summary] => The International Finance Corp. (IFC), the private sector arm of the World Bank, will acquire a nine percent stake in Manila Water Co. (MWC) for $15 million, its first ever investment in the water sector in East Asia.


At the same time, IFC has agreed to extend a $30 million, 13-year loan facility to MWC which will be used to fund capital requirements over the next five years, as well as possible expansion initiatives in other areas of the country and the Asian region.


                    [DatePublished] => 2004-06-02 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

IFC takes 9% stake in Manila Water

By Zinnia B. Dela Peña | June 2, 2004 - 12:00am

The International Finance Corp. (IFC), the private sector arm of the World Bank, will acquire a nine percent stake in Manila Water Co. (MWC) for $15 million, its first ever investment in the water sector in East...

Business