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+ Follow CHASE MANHATTAN INTERNATIONAL FINANCE LTD Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 186523 [Title] => Benpres proposes interim payments for obligations [Summary] => Benpres Holdings Corp. intends to make semi-annual payments of about $6.9 million for its various peso and dollar-denominated obligations even as it remains in discussions with its creditors for the approval of its balance sheet management plan (BSMP).
"Although Benpres has not reached an agreement with its creditors on the BSMP, it is commencing interim payments as earlier announced. These interim payments are being made as a good faith gesture by Benpres," corporate secretary Enrique Quiason told the Philippine Stock Exchange.
[DatePublished] => 2002-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 183100 [Title] => BayanTel in tie-up talks with groups [Summary] => The Lopez-owned Bayan Telecommunications Inc. (BayanTel) is currently in talks with some foreign groups in Asia involved in telecommunications over the possibility of a partnership in the mobile telephone service business in the Philippines.
BayanTel also expects to enter into a restructuring agreement with its creditors (banks and bondholders) involving half a billion dollars in debts by early next year. Officials said a substantial agreement may be reached by the end of this year.
[DatePublished] => 2002-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 182964 [Title] => Foreign investor wants out of BayanTel [Summary] => Another foreign investor group wants out of Bayan Telecommunications Holdings Corp. (BayanTel), putting its parent firm Benpres Holdings Corp. in another liquidity squeeze.
Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that JP Morgan Partners (BHCA), L.P. and Chase Manhattan International Finance Ltd. had informed the company that they are also exercising the option to require Benpres to acquire class A shares in BayanTel.
[DatePublished] => 2002-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CHASE MANHATTAN INTERNATIONAL FINANCE LTD
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 186523 [Title] => Benpres proposes interim payments for obligations [Summary] => Benpres Holdings Corp. intends to make semi-annual payments of about $6.9 million for its various peso and dollar-denominated obligations even as it remains in discussions with its creditors for the approval of its balance sheet management plan (BSMP).
"Although Benpres has not reached an agreement with its creditors on the BSMP, it is commencing interim payments as earlier announced. These interim payments are being made as a good faith gesture by Benpres," corporate secretary Enrique Quiason told the Philippine Stock Exchange.
[DatePublished] => 2002-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 183100 [Title] => BayanTel in tie-up talks with groups [Summary] => The Lopez-owned Bayan Telecommunications Inc. (BayanTel) is currently in talks with some foreign groups in Asia involved in telecommunications over the possibility of a partnership in the mobile telephone service business in the Philippines.
BayanTel also expects to enter into a restructuring agreement with its creditors (banks and bondholders) involving half a billion dollars in debts by early next year. Officials said a substantial agreement may be reached by the end of this year.
[DatePublished] => 2002-11-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 182964 [Title] => Foreign investor wants out of BayanTel [Summary] => Another foreign investor group wants out of Bayan Telecommunications Holdings Corp. (BayanTel), putting its parent firm Benpres Holdings Corp. in another liquidity squeeze.
Benpres corporate secretary Enrique Quiason told the Philippine Stock Exchange that JP Morgan Partners (BHCA), L.P. and Chase Manhattan International Finance Ltd. had informed the company that they are also exercising the option to require Benpres to acquire class A shares in BayanTel.
[DatePublished] => 2002-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Christina Mendez | December 4, 2002 - 12:00am
November 8, 2002 - 12:00am
By Christina Mendez | November 7, 2002 - 12:00am
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The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
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