^
+ Follow BANK TRUST BANKING Tag
BANK TRUST BANKING
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 it’s 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 Bank’s 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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