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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 246809 [Title] => Incentives OKd for debt-equity swap between NSC, creditors [Summary] => The Bangko Sentral ng Pilipinas (BSP) has granted incentives to the debt-for equity swap between National Steel Corp. (NSC) and its creditor banks, the first sale of its kind under the Special Purpose Vehicle Act.
The Monetary Board approved the incentives covering the disposition of some P13.792 billion worth of obligations that would be transferred to a special purpose vehicle.
[DatePublished] => 2004-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 231169 [Title] => Indian firm ups offer for Natl Steel to P12.25-B [Summary] => Global Infrastructure Holdings Ltd. Inc. (GIHLI) increased its original purchase price for the National Steel Corp. (NSC) by P355 million and agreed to pay P1 billion up front for the debt-saddled steel company.
As negotiations intensified between GIHLI and NSCs creditors, the Indian company poured more sweeteners into its offer and increased its original purchase price to P12.250 billion from P11.905 billion.
[DatePublished] => 2003-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
GROUP HOLDINGS N
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 246809 [Title] => Incentives OKd for debt-equity swap between NSC, creditors [Summary] => The Bangko Sentral ng Pilipinas (BSP) has granted incentives to the debt-for equity swap between National Steel Corp. (NSC) and its creditor banks, the first sale of its kind under the Special Purpose Vehicle Act.
The Monetary Board approved the incentives covering the disposition of some P13.792 billion worth of obligations that would be transferred to a special purpose vehicle.
[DatePublished] => 2004-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 231169 [Title] => Indian firm ups offer for Natl Steel to P12.25-B [Summary] => Global Infrastructure Holdings Ltd. Inc. (GIHLI) increased its original purchase price for the National Steel Corp. (NSC) by P355 million and agreed to pay P1 billion up front for the debt-saddled steel company.
As negotiations intensified between GIHLI and NSCs creditors, the Indian company poured more sweeteners into its offer and increased its original purchase price to P12.250 billion from P11.905 billion.
[DatePublished] => 2003-12-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | April 19, 2004 - 12:00am
By Des Ferriols | December 11, 2003 - 12:00am
Recommended
The Insurance Commission has placed health maintenance organization Stotsenberg Healthcare Systems Inc.under conservatorship amid its inability to address requirements from the government.
1 day ago
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February 12, 2018
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