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                    [Title] => Benguet to form SPV to raise funds for its bulk water supply project
                    [Summary] => 



Benguet Corp. will form a special purpose vehicle to raise over P3 billion in funds for its bulk water supply project in Baguio City.


Under a 25-year management contract with the Baguio Water District, Benguet will deliver 50,000 cubic meters of potable water daily to Baguio City at a rate of P39.99 per cubic meter. This is estimated to bring in annual revenues of P729.82 million, Benguet  said.


Benguet president Philip Romualdez said the company has tapped Deutsche Bank as ifinancial advisor to raise financing for the project.


                    [DatePublished] => 2006-07-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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KOREAN AND DANISH

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                    [ArticleID] => 348701
                    [Title] => Benguet to form SPV to raise funds for its bulk water supply project
                    [Summary] => 



Benguet Corp. will form a special purpose vehicle to raise over P3 billion in funds for its bulk water supply project in Baguio City.


Under a 25-year management contract with the Baguio Water District, Benguet will deliver 50,000 cubic meters of potable water daily to Baguio City at a rate of P39.99 per cubic meter. This is estimated to bring in annual revenues of P729.82 million, Benguet  said.


Benguet president Philip Romualdez said the company has tapped Deutsche Bank as ifinancial advisor to raise financing for the project.


                    [DatePublished] => 2006-07-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Benguet to form SPV to raise funds for its bulk water supply project

By Zinnia B. Dela Peña | July 22, 2006 - 12:00am

Benguet Corp. will form a special purpose vehicle to raise over P3 billion in funds for its bulk water supply project in Baguio City. Under a 25-year management contract with the Baguio Water District, Benguet...

Business