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                    [ArticleID] => 203365
                    [Title] => IFC extends $30-M loan to Manila Water
                    [Summary] => The International Finance Corp. (IFC), the private investment arm of the World Bank, has extended a $30-million loan to the Manila Water Co. Inc.  


In addition, IFC assisted Manila Water in securing a total of $115 million in various loan packages from a host of international and local financial institutions. 


The other sources of funds are the German Investment and Development Co. ($20 million) and a consortium of six local banks which provided a total of $65 million.


                    [DatePublished] => 2003-04-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 202651
                    [Title] => Manila Water to raise P6.2B for expansion
                    [Summary] => The Manila Water Co. Inc. (MWC) is raising a total of $117 million (approximately P6.2 billion) to fund its non-revenue water operations, waste water and sewerage system, and other expansion projects.


Of the total, $65 million will come from local financial institutions, $20 million from the German Investment and Development Co. (DEG), $2 million from the Danish International Development Agency (Danida) and $30 million from the International Finance Corp. (IFC), the investment arm of the World Bank.


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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GERMAN INVESTMENT AND DEVELOPMENT CO

Array
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    [results] => Array
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                    [ArticleID] => 203365
                    [Title] => IFC extends $30-M loan to Manila Water
                    [Summary] => The International Finance Corp. (IFC), the private investment arm of the World Bank, has extended a $30-million loan to the Manila Water Co. Inc.  


In addition, IFC assisted Manila Water in securing a total of $115 million in various loan packages from a host of international and local financial institutions. 


The other sources of funds are the German Investment and Development Co. ($20 million) and a consortium of six local banks which provided a total of $65 million.


                    [DatePublished] => 2003-04-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 202651
                    [Title] => Manila Water to raise P6.2B for expansion
                    [Summary] => The Manila Water Co. Inc. (MWC) is raising a total of $117 million (approximately P6.2 billion) to fund its non-revenue water operations, waste water and sewerage system, and other expansion projects.


Of the total, $65 million will come from local financial institutions, $20 million from the German Investment and Development Co. (DEG), $2 million from the Danish International Development Agency (Danida) and $30 million from the International Finance Corp. (IFC), the investment arm of the World Bank.


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

IFC extends $30-M loan to Manila Water

By Ted P. Torres | April 22, 2003 - 12:00am

The International Finance Corp. (IFC), the private investment arm of the World Bank, has extended a $30-million loan to the Manila Water Co. Inc. In addition, IFC assisted Manila Water in securing a total of $115...

Business

Manila Water to raise P6.2B for expansion

By Ted P. Torres | April 14, 2003 - 12:00am

The Manila Water Co. Inc. (MWC) is raising a total of $117 million (approximately P6.2 billion) to fund its non-revenue water operations, waste water and sewerage system, and other expansion projects. Of the total,...

Business