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                    [ArticleID] => 302239
                    [Title] => NDC postpones P3-B bond flotation
                    [Summary] => The National Development Co. (NDC) board last Friday decided to defer its planned P3-billion bond flotation until it receives clarification from the Department of Finance (DOF) regarding its policy of not extending any more government guarantees to cut down on contingent liabilities especially from government-owned and controlled corporations.


This was announced last Friday by NDC General Manager Arthur Aguilar following the NDC board meeting at the Board of Investments (BOI) building. 


                    [DatePublished] => 2005-10-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 300430
                    [Title] => NDC to lower planned P3-billion float
                    [Summary] => The National Development Corp. (NDC) will scale down its intended P3-billion bond flotation following government’s policy decision to cut down on contingent liabilities especially from government-owned and controlled corporations (GOCCs).


This was confirmed yesterday by NDC General Manager Arthur Aguilar following Trade and Industry Secretary Peter B. Favila’s instruction that NDC could go ahead with its planned bond flotation but without the added sweetener of a government guarantee.


                    [DatePublished] => 2005-10-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 292813
                    [Title] => Favila nixes add’l NDC bonds to finance PIC
                    [Summary] => Trade and Industry Secretary Peter B. Favila is against a proposal to float additional NDC bonds to raise funds for the  projects of the Philippine Infrastructure Corp. (PIC).


Favila’s opposition stems from his desire not to impose additional debts on the National Government due to the need to provide a sovereign guarantee to the NDC bonds as a sweetener.


According to Favila, he has informed NDC General Manager Arthur Aguilar that he would be amenable to the float as long as there is no sovereign guarantee attached to the bonds.


                    [DatePublished] => 2005-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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GENERAL MANAGER ARTHUR AGUILAR

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                    [ArticleID] => 302239
                    [Title] => NDC postpones P3-B bond flotation
                    [Summary] => The National Development Co. (NDC) board last Friday decided to defer its planned P3-billion bond flotation until it receives clarification from the Department of Finance (DOF) regarding its policy of not extending any more government guarantees to cut down on contingent liabilities especially from government-owned and controlled corporations.


This was announced last Friday by NDC General Manager Arthur Aguilar following the NDC board meeting at the Board of Investments (BOI) building. 


                    [DatePublished] => 2005-10-17 00:00:00
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            [1] => Array
                (
                    [ArticleID] => 300430
                    [Title] => NDC to lower planned P3-billion float
                    [Summary] => The National Development Corp. (NDC) will scale down its intended P3-billion bond flotation following government’s policy decision to cut down on contingent liabilities especially from government-owned and controlled corporations (GOCCs).


This was confirmed yesterday by NDC General Manager Arthur Aguilar following Trade and Industry Secretary Peter B. Favila’s instruction that NDC could go ahead with its planned bond flotation but without the added sweetener of a government guarantee.


                    [DatePublished] => 2005-10-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
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                )

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                (
                    [ArticleID] => 292813
                    [Title] => Favila nixes add’l NDC bonds to finance PIC
                    [Summary] => Trade and Industry Secretary Peter B. Favila is against a proposal to float additional NDC bonds to raise funds for the  projects of the Philippine Infrastructure Corp. (PIC).


Favila’s opposition stems from his desire not to impose additional debts on the National Government due to the need to provide a sovereign guarantee to the NDC bonds as a sweetener.


According to Favila, he has informed NDC General Manager Arthur Aguilar that he would be amenable to the float as long as there is no sovereign guarantee attached to the bonds.


                    [DatePublished] => 2005-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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NDC postpones P3-B bond flotation

By Marianne V. Go | October 17, 2005 - 12:00am

The National Development Co. (NDC) board last Friday decided to defer its planned P3-billion bond flotation until it receives clarification from the Department of Finance (DOF) regarding its policy of not extending...

Business

NDC to lower planned P3-billion float

By Marianne V. Go | October 7, 2005 - 12:00am

The National Development Corp. (NDC) will scale down its intended P3-billion bond flotation following government’s policy decision to cut down on contingent liabilities especially from government-owned and controlled...

Business

Favila nixes add’l NDC bonds to finance PIC

By Marianne V. Go | August 22, 2005 - 12:00am

Trade and Industry Secretary Peter B. Favila is against a proposal to float additional NDC bonds to raise funds for the projects of the Philippine Infrastructure Corp. (PIC). Favila’s opposition stems from...

Business