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                    [ArticleID] => 298284
                    [Title] => IFC to raise RP funding by up to 27% in 2006
                    [Summary] => The International Finance Corp. (IFC) will increase its loan and investment funding to the Philippines by as much as 27 percent next year, helping the country pay for construction of power plants and other infrastructure.


"This coming year, we hope to do $120 to $130 million," said Vipul Bhagat, IFC’s country manager. "We could easily increase that amount if economic conditions are favorable.’’


                    [DatePublished] => 2005-09-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
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                    [ArticleID] => 284497
                    [Title] => IFC provides additional $12.5-M loan to Eastwood Cyberzone
                    [Summary] => Eastwood Cyber One Corp., a wholly-owned subsidiary of Megaworld Corp., has secured a $12.5-million long-term loan facility from the International Finance Corp. (IFC), the private sector arm of the World Bank.


In a disclosure to the Philippine Stock Exchange, Megaworld said the loan, payable in 10 years inclusive of a three year-grace period on principal payment, will be used to fund the development of a new office building at the Eastwood City Cyberpark in Quezon City.  Principal and interest amortizations of the loan will be sourced from internally-generated funds.


                    [DatePublished] => 2005-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 162879
                    [Title] => Megaworld unit gets $25-M loan from WB
                    [Summary] => Eastwood Cyber One Corp. (ECOC), a wholly-owned subsidiary of Megaworld Corp., has secured a $25-million loan from the World Bank’s lending arm for the private sector, the International Finance Corp., to finance projects at the Eastwood CyberPark in Libis, Quezon City.


Megaworld corporate information officer Francis Canuto said under the loan agreement IFC will extend a loan to ECOC the amount of $25 million payable in 25 years with a three-year grace period on the principal payment. Megaworld, as the parent company, shall guarantee the due and punctual payment of the loan.

                    [DatePublished] => 2002-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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EASTWOOD CYBER ONE CORP

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                    [ArticleID] => 298284
                    [Title] => IFC to raise RP funding by up to 27% in 2006
                    [Summary] => The International Finance Corp. (IFC) will increase its loan and investment funding to the Philippines by as much as 27 percent next year, helping the country pay for construction of power plants and other infrastructure.


"This coming year, we hope to do $120 to $130 million," said Vipul Bhagat, IFC’s country manager. "We could easily increase that amount if economic conditions are favorable.’’


                    [DatePublished] => 2005-09-24 00:00:00
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                    [ArticleID] => 284497
                    [Title] => IFC provides additional $12.5-M loan to Eastwood Cyberzone
                    [Summary] => Eastwood Cyber One Corp., a wholly-owned subsidiary of Megaworld Corp., has secured a $12.5-million long-term loan facility from the International Finance Corp. (IFC), the private sector arm of the World Bank.


In a disclosure to the Philippine Stock Exchange, Megaworld said the loan, payable in 10 years inclusive of a three year-grace period on principal payment, will be used to fund the development of a new office building at the Eastwood City Cyberpark in Quezon City.  Principal and interest amortizations of the loan will be sourced from internally-generated funds.


                    [DatePublished] => 2005-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 162879
                    [Title] => Megaworld unit gets $25-M loan from WB
                    [Summary] => Eastwood Cyber One Corp. (ECOC), a wholly-owned subsidiary of Megaworld Corp., has secured a $25-million loan from the World Bank’s lending arm for the private sector, the International Finance Corp., to finance projects at the Eastwood CyberPark in Libis, Quezon City.


Megaworld corporate information officer Francis Canuto said under the loan agreement IFC will extend a loan to ECOC the amount of $25 million payable in 25 years with a three-year grace period on the principal payment. Megaworld, as the parent company, shall guarantee the due and punctual payment of the loan.

                    [DatePublished] => 2002-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

IFC to raise RP funding by up to 27% in 2006

September 24, 2005 - 12:00am

The International Finance Corp. (IFC) will increase its loan and investment funding to the Philippines by as much as 27 percent next year, helping the country pay for construction of power plants and other infrastructure. "This...

Business

IFC provides additional $12.5-M loan to Eastwood Cyberzone

By Zinnia B. Dela Peña | July 2, 2005 - 12:00am

Eastwood Cyber One Corp., a wholly-owned subsidiary of Megaworld Corp., has secured a $12.5-million long-term loan facility from the International Finance Corp. (IFC), the private sector arm of the World Bank. In...

Business

Megaworld unit gets $25-M loan from WB

May 31, 2002 - 12:00am

Eastwood Cyber One Corp. (ECOC), a wholly-owned subsidiary of Megaworld Corp., has secured a $25-million loan from the World Bank’s lending arm for the private sector, the International Finance Corp., to finance...

Business