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                    [ArticleID] => 352963
                    [Title] => Mirant to draw down $735-M loan to finance recapitalization
                    [Summary] => 



US-based Mirant Corp. is set to drawdown today a $735-million  term-loan to finance its recapitalization prog-ram prior to the divestment of its generation portfolio in the Philippines. 


The loan, backed by Mirant Philippines’ Pagbilao asset, was arranged by Credit Suisse which is also the power firm’s advisor for the sale of Mirant assets in the Philippines.   


Mirant announced last month that it will sell all of its remaining assets in the country as part of its strategy to restructure its finances.


                    [DatePublished] => 2006-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 347247
                    [Title] => Local Mirant unit prepares for smooth transition
                    [Summary] => Mirant Philippines Corp., the local subsidiary of Atlanta-based Mirant Corp., said it will continue to operate normally as it remains committed to its employees and the communities it serves.


"We look forward to a smooth and orderly transition, in close coordination with the relevant government agencies until after our auction process is completed," Mirant Philippines chairman and president Jose Leviste Jr. said yesterday.


                    [DatePublished] => 2006-07-14 00:00:00
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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CHINA LIGHT

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                    [ArticleID] => 352963
                    [Title] => Mirant to draw down $735-M loan to finance recapitalization
                    [Summary] => 



US-based Mirant Corp. is set to drawdown today a $735-million  term-loan to finance its recapitalization prog-ram prior to the divestment of its generation portfolio in the Philippines. 


The loan, backed by Mirant Philippines’ Pagbilao asset, was arranged by Credit Suisse which is also the power firm’s advisor for the sale of Mirant assets in the Philippines.   


Mirant announced last month that it will sell all of its remaining assets in the country as part of its strategy to restructure its finances.


                    [DatePublished] => 2006-08-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                )

            [1] => Array
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                    [ArticleID] => 347247
                    [Title] => Local Mirant unit prepares for smooth transition
                    [Summary] => Mirant Philippines Corp., the local subsidiary of Atlanta-based Mirant Corp., said it will continue to operate normally as it remains committed to its employees and the communities it serves.


"We look forward to a smooth and orderly transition, in close coordination with the relevant government agencies until after our auction process is completed," Mirant Philippines chairman and president Jose Leviste Jr. said yesterday.


                    [DatePublished] => 2006-07-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Mirant to draw down $735-M loan to finance recapitalization

By Donnabelle L. Gatdula | August 15, 2006 - 12:00am

US-based Mirant Corp. is set to drawdown today a $735-million term-loan to finance its recapitalization prog-ram prior to the divestment of its generation portfolio in the Philippines. The loan, backed...

Business

Local Mirant unit prepares for smooth transition

By Donnabelle L. Gatdula | July 14, 2006 - 12:00am

Mirant Philippines Corp., the local subsidiary of Atlanta-based Mirant Corp., said it will continue to operate normally as it remains committed to its employees and the communities it serves. "We look forward...

Business