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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 97021 [Title] => Napocor anchors bond float on power reform bill [Summary] => The National Power Corp. (Napocor) will push through with its planned $300-million bond flotation in June this year only if the Power Sector Reform Bill (PSRB) is passed by Congress, a company official said.
Napocor finance chief Antonio Ingco said another bond offering is necessary by the middle of this year because the company has to pay some obligations which will fall due in June.
[DatePublished] => 2001-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 96941 [Title] => Prospects dim for another Napocor bond float, says study [Summary] => Prospects for another bond issuance by the National Power Corp. remain dim due to huge losses incurred by the company during the past few year, according to a recent study.
"We are not recommending Napocor bonds at the current juncture," said an HSBC study called Asian Credit Review.
HSBC said the credit rating of Napocor will remain dependent on the National Government. "We expect Napocors credit rating to move in line with the Republic of the Philippines on the back of the explicit guarantee," it said.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASIAN CREDIT REVIEW
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 97021 [Title] => Napocor anchors bond float on power reform bill [Summary] => The National Power Corp. (Napocor) will push through with its planned $300-million bond flotation in June this year only if the Power Sector Reform Bill (PSRB) is passed by Congress, a company official said.
Napocor finance chief Antonio Ingco said another bond offering is necessary by the middle of this year because the company has to pay some obligations which will fall due in June.
[DatePublished] => 2001-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 96941 [Title] => Prospects dim for another Napocor bond float, says study [Summary] => Prospects for another bond issuance by the National Power Corp. remain dim due to huge losses incurred by the company during the past few year, according to a recent study.
"We are not recommending Napocor bonds at the current juncture," said an HSBC study called Asian Credit Review.
HSBC said the credit rating of Napocor will remain dependent on the National Government. "We expect Napocors credit rating to move in line with the Republic of the Philippines on the back of the explicit guarantee," it said.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | February 13, 2001 - 12:00am
By Donnabelle L. Gatdula | February 5, 2001 - 12:00am
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February 12, 2018
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