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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 239658 [Title] => BSP allows MWSS to borrow $220-M [Summary] => The Bangko Sentral ng Pilippinas is allowing the Metropolitan Waterworks and Sewerage System (MWSS) to borrow $220 million from the foreign credit market to refinance its maturing obligations and fund part of its capital expenditures for 2004.
With no cash coming from the Lopez-controlled concessionaire Maynilad Water Services, MWSS has sought the BSP approval of its borrowing plan although it was not known how much the water agency would have to raise before the end of the first semester.
[DatePublished] => 2004-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 228692 [Title] => MWSS mulls addl $230-M borrowing to pay obligations [Summary] => With no money forthcoming from the Lopez-owned Maynilad Water Services, the Manila Waterworks and Sewerage System (MWSS) plans to borrow another $230 million to refinance its maturing obligations next year.
Finance sources revealed yesterday that the MWSS is seeking the approval of the Department of Finance (DOF) for its $230-million borrowing next year. This is on top of the $200-million authority that it already got for this year.
[DatePublished] => 2003-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 227716 [Title] => MWSS seeks payment of P7B in concession fees from Maynilad [Summary] => The Manila Waterworks and Sewerage System (MWSS) is preparing to demand payment from the Maynilad Water Services after the International Arbitration Panel handed down its decision last week.
Maynilad was ordered to settle some P7-billion worth of unpaid concession fees and MWSS officials said the government could "theoretically" collect payments within 15 days of the decision or else the MWSS could call on its $200-million performance bond.
[DatePublished] => 2003-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ESTRELITO POLLOSO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 239658 [Title] => BSP allows MWSS to borrow $220-M [Summary] => The Bangko Sentral ng Pilippinas is allowing the Metropolitan Waterworks and Sewerage System (MWSS) to borrow $220 million from the foreign credit market to refinance its maturing obligations and fund part of its capital expenditures for 2004.
With no cash coming from the Lopez-controlled concessionaire Maynilad Water Services, MWSS has sought the BSP approval of its borrowing plan although it was not known how much the water agency would have to raise before the end of the first semester.
[DatePublished] => 2004-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 228692 [Title] => MWSS mulls addl $230-M borrowing to pay obligations [Summary] => With no money forthcoming from the Lopez-owned Maynilad Water Services, the Manila Waterworks and Sewerage System (MWSS) plans to borrow another $230 million to refinance its maturing obligations next year.
Finance sources revealed yesterday that the MWSS is seeking the approval of the Department of Finance (DOF) for its $230-million borrowing next year. This is on top of the $200-million authority that it already got for this year.
[DatePublished] => 2003-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 227716 [Title] => MWSS seeks payment of P7B in concession fees from Maynilad [Summary] => The Manila Waterworks and Sewerage System (MWSS) is preparing to demand payment from the Maynilad Water Services after the International Arbitration Panel handed down its decision last week.
Maynilad was ordered to settle some P7-billion worth of unpaid concession fees and MWSS officials said the government could "theoretically" collect payments within 15 days of the decision or else the MWSS could call on its $200-million performance bond.
[DatePublished] => 2003-11-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | February 20, 2004 - 12:00am
By Des Ferriols | November 21, 2003 - 12:00am
By Des Ferriols | November 13, 2003 - 12:00am
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