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                    [ArticleID] => 132502
                    [Title] => NG’s $500-M global bond issue hangs
                    [Summary] => The National Government appears to be having second thoughts about pushing through with its plan to issue $500-million worth of global bonds, this month.


Finance Secretary Jose Isidro Camacho said a decision will be made this week on whether or not to go on with the global bond issue. The government is still awaiting the approval of the bond issue by the US Securities and Exchange Commission.


Proceeds from the bond offering were supposed to shore up the financing requirements of the state-run National Power Corp. (Napocor).


                    [DatePublished] => 2001-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 131213
                    [Title] => National Government nixes offers of 3 foreign bank
                    [Summary] => The National Government thumbed down offers by three foreign banks to underwrite loans totaling $400 million after forging a $400-million bond for soon-to-be-privatized National Power Corp. (Napocor).


National Treasurer Sergio Edeza said government rejected separate proposals by the Hongkong Shanghai Banking Corp., Deutsche Bank and Banque Nationale de Paris to handle the issuance of loans for the government.


HSBC offered to underwrite a $200-million loan, while Deutsche Bank and Banque Nationale de Paris offered to separately handle loans of $100 million each.


                    [DatePublished] => 2001-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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DEUTSCHE BANK AND BANQUE NATIONALE

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                    [ArticleID] => 132502
                    [Title] => NG’s $500-M global bond issue hangs
                    [Summary] => The National Government appears to be having second thoughts about pushing through with its plan to issue $500-million worth of global bonds, this month.


Finance Secretary Jose Isidro Camacho said a decision will be made this week on whether or not to go on with the global bond issue. The government is still awaiting the approval of the bond issue by the US Securities and Exchange Commission.


Proceeds from the bond offering were supposed to shore up the financing requirements of the state-run National Power Corp. (Napocor).


                    [DatePublished] => 2001-09-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 131213
                    [Title] => National Government nixes offers of 3 foreign bank
                    [Summary] => The National Government thumbed down offers by three foreign banks to underwrite loans totaling $400 million after forging a $400-million bond for soon-to-be-privatized National Power Corp. (Napocor).


National Treasurer Sergio Edeza said government rejected separate proposals by the Hongkong Shanghai Banking Corp., Deutsche Bank and Banque Nationale de Paris to handle the issuance of loans for the government.


HSBC offered to underwrite a $200-million loan, while Deutsche Bank and Banque Nationale de Paris offered to separately handle loans of $100 million each.


                    [DatePublished] => 2001-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

NG’s $500-M global bond issue hangs

September 4, 2001 - 12:00am

The National Government appears to be having second thoughts about pushing through with its plan to issue $500-million worth of global bonds, this month. Finance Secretary Jose Isidro Camacho said a decision will...

Business

National Government nixes offers of 3 foreign bank

August 24, 2001 - 12:00am

The National Government thumbed down offers by three foreign banks to underwrite loans totaling $400 million after forging a $400-million bond for soon-to-be-privatized National Power Corp. (Napocor). National Treasurer...

Business