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                    [Title] => Benpres creditors scramble for more collateral
                    [Summary] => Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc.


The exposure of banks in the troubled group was estimated to reach $596 million or P30.87 billion, accounted for mainly by two biggest affiliates: Maynilad Water Services and Bayan Telecommunications, Inc. (BayanTel).


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                    [ColumnID] => 133272
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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 166962
                    [Title] => Benpres creditors scramble for more collateral
                    [Summary] => Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc.


The exposure of banks in the troubled group was estimated to reach $596 million or P30.87 billion, accounted for mainly by two biggest affiliates: Maynilad Water Services and Bayan Telecommunications, Inc. (BayanTel).


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FIRST BOSTON

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                    [Title] => Benpres creditors scramble for more collateral
                    [Summary] => Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc.


The exposure of banks in the troubled group was estimated to reach $596 million or P30.87 billion, accounted for mainly by two biggest affiliates: Maynilad Water Services and Bayan Telecommunications, Inc. (BayanTel).


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                    [ArticleID] => 166962
                    [Title] => Benpres creditors scramble for more collateral
                    [Summary] => Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc.


The exposure of banks in the troubled group was estimated to reach $596 million or P30.87 billion, accounted for mainly by two biggest affiliates: Maynilad Water Services and Bayan Telecommunications, Inc. (BayanTel).


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abtest

Benpres creditors scramble for more collateral

By Des Ferriols | July 3, 2002 - 12:00am

Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc. The...

Business

Benpres creditors scramble for more collateral

By Des Ferriols | July 3, 2002 - 12:00am

Despite assurances by company executives, the creditors of the Lopez Group have begun scampering for more cover on their loans, anticipating more trouble for the group’s flaship company, Benpres Holdings Inc. The...

Business