^
+ Follow BARAS AND JALA Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 362373
                    [Title] => Mla Water borrows P1.5B for east zone expansion
                    [Summary] => Manila Water Co. has secured a P1.5-billion loan facility from several financial institutions to be used for its massive capital investment program within the east zone of Metro Manila, the company told the Philippine Stock Exchange.


The loan, arranged by ING Bank, was extended by Sun Life of Canada, Security Bank, Equitable PCIBank and Land Bank of the Philippines.

Manila Water said the loan, which will be drawn in two tranches, will have a term of seven years.
[DatePublished] => 2006-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 354416 [Title] => Manila Water secures P2-B loan [Summary] => Manila Water Co. has obtained a P2-billion loan facility from a group of local financial institutions, the Ayala-led utility firm said in a disclosure to the Philippine Stock Exchange.

The facility, arranged by ING Bank, was extended by a syndicate composed of Sun Life of Canada, Insular Life Assurance, Security Bank, Equitable PCI Bank, Chinabank, Robinsons Savings Bank and ING Trust.

Manila Water said the facility is tightly priced with a seven-year tenor and allows the firm to establish new banking relationships with a number of reputable institutions.
[DatePublished] => 2006-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 310850 [Title] => Manila Water to borrow $40M in new loans for 2007 capex [Summary] => Ayala-controlled utility firm Manila Water Co. plans to tap as much as $40 million in new loans next year to fund its capital spending for 2007.

In a disclosure to the Philippine Stock Exchange, Manila Water said negotiations for the loan will start next year. It has held initial discussions with the lenders are merely in the exploratory stage.

The utility firm has earmarked P4 billion this year and another P4 billion in 2006 for its capital expenditures.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 293619 [Title] => Manila Water to form new unit for overseas projects [Summary] => Ayala-controlled utility firm Manila Water Co. will form a separate company that will invest in overseas and domestic water supply and sewerage projects that are outside its current business focus.

In a disclosure to the Philippine Stock Exchange, Manila Water said the new corporate vehicle will focus on such projects as water supply and sewerage service projects in key cities in the Philippines, as well as management contracts in India and other Asian countries.
[DatePublished] => 2005-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 288121 [Title] => RP inks ¥6.59-B loan for relending to Mla Water [Summary] => The World Bank (WB) has extended ¥6.592 billion loan to help improve sewerage and sanitation services in the east zone of Metro Manila and expand sewer coverage in the city from 12 percent to 30 percent in the next five years.

Under the loan facility agreement, Land Bank of the Philippines, the principal loan receiver, shall relend the money to Manila Water Co. Inc. which shall shoulder the payment of principal and equity investments for the project estimated to cost around $76 million.
[DatePublished] => 2005-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BARAS AND JALA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 362373
                    [Title] => Mla Water borrows P1.5B for east zone expansion
                    [Summary] => Manila Water Co. has secured a P1.5-billion loan facility from several financial institutions to be used for its massive capital investment program within the east zone of Metro Manila, the company told the Philippine Stock Exchange.


The loan, arranged by ING Bank, was extended by Sun Life of Canada, Security Bank, Equitable PCIBank and Land Bank of the Philippines.

Manila Water said the loan, which will be drawn in two tranches, will have a term of seven years.
[DatePublished] => 2006-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 354416 [Title] => Manila Water secures P2-B loan [Summary] => Manila Water Co. has obtained a P2-billion loan facility from a group of local financial institutions, the Ayala-led utility firm said in a disclosure to the Philippine Stock Exchange.

The facility, arranged by ING Bank, was extended by a syndicate composed of Sun Life of Canada, Insular Life Assurance, Security Bank, Equitable PCI Bank, Chinabank, Robinsons Savings Bank and ING Trust.

Manila Water said the facility is tightly priced with a seven-year tenor and allows the firm to establish new banking relationships with a number of reputable institutions.
[DatePublished] => 2006-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 310850 [Title] => Manila Water to borrow $40M in new loans for 2007 capex [Summary] => Ayala-controlled utility firm Manila Water Co. plans to tap as much as $40 million in new loans next year to fund its capital spending for 2007.

In a disclosure to the Philippine Stock Exchange, Manila Water said negotiations for the loan will start next year. It has held initial discussions with the lenders are merely in the exploratory stage.

The utility firm has earmarked P4 billion this year and another P4 billion in 2006 for its capital expenditures.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 293619 [Title] => Manila Water to form new unit for overseas projects [Summary] => Ayala-controlled utility firm Manila Water Co. will form a separate company that will invest in overseas and domestic water supply and sewerage projects that are outside its current business focus.

In a disclosure to the Philippine Stock Exchange, Manila Water said the new corporate vehicle will focus on such projects as water supply and sewerage service projects in key cities in the Philippines, as well as management contracts in India and other Asian countries.
[DatePublished] => 2005-08-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 288121 [Title] => RP inks ¥6.59-B loan for relending to Mla Water [Summary] => The World Bank (WB) has extended ¥6.592 billion loan to help improve sewerage and sanitation services in the east zone of Metro Manila and expand sewer coverage in the city from 12 percent to 30 percent in the next five years.

Under the loan facility agreement, Land Bank of the Philippines, the principal loan receiver, shall relend the money to Manila Water Co. Inc. which shall shoulder the payment of principal and equity investments for the project estimated to cost around $76 million.
[DatePublished] => 2005-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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