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                    [ArticleID] => 634581
                    [Title] => Meralco raises P4.8 billion from fixed-rate notes issue
                    [Summary] => 
Power distribution giant Manila Electric Co.  (Meralco) is raising some P4.8 billion through the issuance of  fixed-rate notes to partly fund its capital expenses.
                    [DatePublished] => 2010-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 530922
                    [Title] => Meralco to start drawdown of P5.5-billion notes
                    [Summary] => 
Power utility giant Manila Electric Co. (Meralco) will start the drawdown of its P5.5-billion fixed and floating rate notes facility with 13 institutional lenders by Dec. 14.
                    [DatePublished] => 2009-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 530052
                    [Title] => Meralco to raise P5.5 billion from notes issue
                    [Summary] => 
Manila Electric Co. (Meralco) will raise P5.5 billion through the issuance of corporate notes, providing the power utility with additional funding for its projects.
                    [DatePublished] => 2009-12-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 296667
                    [Title] => Ayala Corp signs P4.2-B loan facility with local consortium
                    [Summary] => Ayala Corp. has signed a P4.2-billion loan facility agreement with a consortium of financial institutions.


In a disclosure to the Philippine Stock Exchange, Ayala said the loans were arranged/funded by BDO Capital Corp., First Metro Investment Corp., Insular Investment and Trust Corp. and China Banking Corp.


The notes shall have a maturity of seven years and fixed interest rate of 10.375 per annum. They shall be clean of any security, and subject to an optional redemption by the company beginning from the fourth year anniversary date from issue.


                    [DatePublished] => 2005-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 286055
                    [Title] => Mapfre Asia acquiring Insular General
                    [Summary] => Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. 


Foreign insurer Mapfre Asian Insurance is a holder of a composite insurance license to operate as both life and non-life insurance company. 


However, industry sources said that negotiations were still ongoing as officials of Insular Life is mulling selling its non-life subsidiary lock-stock-and-barrel. 


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 184734
                    [Title] => Insular Life leads P1.1-B term loan to Ayala Corp.
                    [Summary] => Insular Life is leading a group of seven financial institutions in extending a P1.1-billion syndicated five-year term loan facility to Ayala Corp. The loan will be used to partly finance Ayala’s permanent working capital requirements.


                    [DatePublished] => 2002-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 161918
                    [Title] => Insular Life income jumps 61%
                    [Summary] => The Insular Life Assurance Co. Ltd. reported yesterday that its net income rose 61 percent to P488 million last year despite economic and political difficulties.


The company’s consolidated revenues also rose eight percent to P8.2 billion, Insular Life said in a report to policyholders.


Company chairman Vicente Ayllon said the resilience and strong corporate fundamentals helped the 91-year-old company survive the "extraordinary circumstances" of 2001, including the EDSA II and III and the Sept. 11 terrorist attacks in the United States.


                    [DatePublished] => 2002-05-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 95289
                    [Title] => Insular Life Group posts modest gains
                    [Summary] => The Insular Life Assurance Co. Inc. and its subsidiaries reported modest gains with revenues inching up by P100 million to P7.6 billion last year from P7.5 billion in 1999.


It was a creditable performance, said Insular Life Chairman and president Vicente R.
                    [DatePublished] => 2001-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

INSULAR INVESTMENT AND TRUST CORP

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                    [ArticleID] => 634581
                    [Title] => Meralco raises P4.8 billion from fixed-rate notes issue
                    [Summary] => 
Power distribution giant Manila Electric Co.  (Meralco) is raising some P4.8 billion through the issuance of  fixed-rate notes to partly fund its capital expenses.
                    [DatePublished] => 2010-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 530922
                    [Title] => Meralco to start drawdown of P5.5-billion notes
                    [Summary] => 
Power utility giant Manila Electric Co. (Meralco) will start the drawdown of its P5.5-billion fixed and floating rate notes facility with 13 institutional lenders by Dec. 14.
                    [DatePublished] => 2009-12-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 530052
                    [Title] => Meralco to raise P5.5 billion from notes issue
                    [Summary] => 
Manila Electric Co. (Meralco) will raise P5.5 billion through the issuance of corporate notes, providing the power utility with additional funding for its projects.
                    [DatePublished] => 2009-12-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 296667
                    [Title] => Ayala Corp signs P4.2-B loan facility with local consortium
                    [Summary] => Ayala Corp. has signed a P4.2-billion loan facility agreement with a consortium of financial institutions.


In a disclosure to the Philippine Stock Exchange, Ayala said the loans were arranged/funded by BDO Capital Corp., First Metro Investment Corp., Insular Investment and Trust Corp. and China Banking Corp.


The notes shall have a maturity of seven years and fixed interest rate of 10.375 per annum. They shall be clean of any security, and subject to an optional redemption by the company beginning from the fourth year anniversary date from issue.


                    [DatePublished] => 2005-09-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 286055
                    [Title] => Mapfre Asia acquiring Insular General
                    [Summary] => Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. 


Foreign insurer Mapfre Asian Insurance is a holder of a composite insurance license to operate as both life and non-life insurance company. 


However, industry sources said that negotiations were still ongoing as officials of Insular Life is mulling selling its non-life subsidiary lock-stock-and-barrel. 


                    [DatePublished] => 2005-07-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 184734
                    [Title] => Insular Life leads P1.1-B term loan to Ayala Corp.
                    [Summary] => Insular Life is leading a group of seven financial institutions in extending a P1.1-billion syndicated five-year term loan facility to Ayala Corp. The loan will be used to partly finance Ayala’s permanent working capital requirements.


                    [DatePublished] => 2002-11-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 161918
                    [Title] => Insular Life income jumps 61%
                    [Summary] => The Insular Life Assurance Co. Ltd. reported yesterday that its net income rose 61 percent to P488 million last year despite economic and political difficulties.


The company’s consolidated revenues also rose eight percent to P8.2 billion, Insular Life said in a report to policyholders.


Company chairman Vicente Ayllon said the resilience and strong corporate fundamentals helped the 91-year-old company survive the "extraordinary circumstances" of 2001, including the EDSA II and III and the Sept. 11 terrorist attacks in the United States.


                    [DatePublished] => 2002-05-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 95289
                    [Title] => Insular Life Group posts modest gains
                    [Summary] => The Insular Life Assurance Co. Inc. and its subsidiaries reported modest gains with revenues inching up by P100 million to P7.6 billion last year from P7.5 billion in 1999.


It was a creditable performance, said Insular Life Chairman and president Vicente R.
                    [DatePublished] => 2001-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Meralco raises P4.8 billion from fixed-rate notes issue

By Donnabelle L. Gatdula | December 1, 2010 - 12:00am

Power distribution giant Manila Electric Co. (Meralco) is raising some P4.8 billion through the issuance of fixed-rate notes to partly fund its capital expenses.

Business

Meralco to start drawdown of P5.5-billion notes

December 11, 2009 - 12:00am

Power utility giant Manila Electric Co. (Meralco) will start the drawdown of its P5.5-billion fixed and floating rate notes facility with 13 institutional lenders by Dec. 14.

Business

Meralco to raise P5.5 billion from notes issue

By Donnabelle L. Gatdula | December 8, 2009 - 12:00am

Manila Electric Co. (Meralco) will raise P5.5 billion through the issuance of corporate notes, providing the power utility with additional funding for its projects.

Business

Ayala Corp signs P4.2-B loan facility with local consortium

By Zinnia B. Dela Peña | September 14, 2005 - 12:00am

Ayala Corp. has signed a P4.2-billion loan facility agreement with a consortium of financial institutions. In a disclosure to the Philippine Stock Exchange, Ayala said the loans were arranged/funded by BDO Capital...

Business

Mapfre Asia acquiring Insular General

By Ted P. Torres | July 12, 2005 - 12:00am

Mapfre Asian Insurance Corp. is reportedly acquiring a majority stake in Insular General Insurance Co. Inc. (i-Gen), the non-life insurance subsidiary of the Insular Life Assurance Corp. Foreign insurer Mapfre...

Banking

Insular Life leads P1.1-B term loan to Ayala Corp.

November 20, 2002 - 12:00am

Insular Life is leading a group of seven financial institutions in extending a P1.1-billion syndicated five-year term loan facility to Ayala Corp. The loan will be used to partly finance Ayala’s permanent working...

Business

Insular Life income jumps 61%

May 23, 2002 - 12:00am

The Insular Life Assurance Co. Ltd. reported yesterday that its net income rose 61 percent to P488 million last year despite economic and political difficulties. The company’s consolidated revenues also rose...

Business

Insular Life Group posts modest gains

May 27, 2001 - 12:00am

The Insular Life Assurance Co. Inc. and its subsidiaries reported modest gains with revenues inching up by P100 million to P7.6 billion last year from P7.5 billion in 1999. It was a creditable performance, said...

Business