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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 373925 [Title] => Meralco sells P12-B notes for capex [Summary] => To beef up its budget for capital expenditure and loan payments, the Manila Electric Co. (Meralco) reported yesterday that it had successfully raised some P12 billion worth of fixed-rate and floating-rate corporate notes.
In a disclosure to the Philippine Stock Exchange (PSE), Meralco said it would specifically use the proceeds from the borrowing "to refinance its existing secured loan obligations, as well as fund its working capital requirements."
[DatePublished] => 2006-12-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 222061 [Title] => Equitable PCI Bank trust group says its time to invest [Summary] => The outlook for the economy is healthy and despite the early onset of a particularly intense political season, or even because of it, conditions for investing could be better than usual, one of the top fund management groups in the country said yesterday.
Equitable PCI Banks Trust Banking Group said it expects a global rebound next year to provide lift to the lumbering economy and is priming potential investors in its high-yielding trust funds on how to take advantage of opportunities.
[DatePublished] => 2003-09-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | December 8, 2006 - 12:00am
September 26, 2003 - 12:00am
Recommended
Ginebra and Meralco cruised to blowout victories to open the 2024 Batang PBA-Centrum Kids 15-under tournament on Thursday at the Ynares Sports Arena in Pasig.
14 hours ago
The economic team is still shooting for higher revenues starting next year until the end of the Marcos administration even as it remains firm on not imposing tax measures that could be inflationary and burdensome to Filipino consumers.
14 hours ago
Three people who were allegedly extorting money from gambling operators using the name of Philippine National Police (PNP) chief Gen. Rommel Francisco Marbil and other government officials were arrested in General Santos City on Thursday night.
14 hours ago
A proposed joint venture between Manila Electric Co. (Meralco) and electric cooperatives in Batangas has received support from at least 18 mayors in the province.
14 hours ago
After apologizing for the unruly behavior of participants in the recent "Wattah Wattah" festival, the San Juan City government has vowed to extend legal assistance to aggrieved individuals who want to file a complaint.
23 hours ago
Lotto Jun 28, 2024
EZ2/LVM - 12 7
SUERTRES - 2 2 0
6D Lotto - 0 8 7 5
6/45 Lotto - 42 13 16 14 18 26
P8,910,000.00
6/58 Ultra Lotto - 44 18 4 1 42 58
P49,500,000.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66