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                    [Title] => Cosmos sale to SMC may hit P15B
                    [Summary] => The sale of Cosmos Bottling Corp. (CBC) to San Miguel Corp. would amount to an enterprise value of P15 billion, or P6.60 per share, if the selling party RFM Corp. could further leverage its position in the transaction.


RFM vice president and corporate information officer Ramon Lopez said the Concepcion-controlled conglomerate is working towards the P15-billion goal for the sale of 100 percent of CBC, its softdrink subsidiary.


                    [DatePublished] => 2001-07-31 00:00:00
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                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


                    [DatePublished] => 2001-06-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [ArticleID] => 97102
                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


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                    [AuthorName] =>  Christina Mendez
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BOTTLED WATER CO

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                    [ArticleID] => 128544
                    [Title] => Cosmos sale to SMC may hit P15B
                    [Summary] => The sale of Cosmos Bottling Corp. (CBC) to San Miguel Corp. would amount to an enterprise value of P15 billion, or P6.60 per share, if the selling party RFM Corp. could further leverage its position in the transaction.


RFM vice president and corporate information officer Ramon Lopez said the Concepcion-controlled conglomerate is working towards the P15-billion goal for the sale of 100 percent of CBC, its softdrink subsidiary.


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                    [ArticleID] => 95456
                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


                    [DatePublished] => 2001-06-12 00:00:00
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                    [AuthorName] =>  Christina Mendez
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                    [ArticleID] => 97102
                    [Title] => RFM eyes sale of more assets to redeem maturing bonds
                    [Summary] => Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds.


RFM chief financial officer Meldin Al Roy said that while they expect to realize $36 million in net proceeds from the sale of its two subsidiaries – Consumer Savings Bank and the Nasdaq-listed PSi Technologies Holdings – the amount is not enough to cover the redemption payments for the convertible bonds.


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abtest

Cosmos sale to SMC may hit P15B

July 31, 2001 - 12:00am

The sale of Cosmos Bottling Corp. (CBC) to San Miguel Corp. would amount to an enterprise value of P15 billion, or P6.60 per share, if the selling party RFM Corp. could further leverage its position in the transaction. RFM...

Business

RFM eyes sale of more assets to redeem maturing bonds

By Christina Mendez | June 12, 2001 - 12:00am

Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds. RFM chief financial officer Meldin Al Roy...

Business

RFM eyes sale of more assets to redeem maturing bonds

By Christina Mendez | June 12, 2001 - 12:00am

Food and beverage conglomerate RFM Corporation will be selling off more of its non-core assets as part of a fund-raising program to pay off $65-million in maturing bonds. RFM chief financial officer Meldin Al Roy...

Business