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                    [Title] => Marubeni, Tokyo Electric  seek financing for purchase of Mirant’s assets
                    [Summary] => 



Marubeni Corp. and Tokyo Electric Power Corp. (Tepco), the winning bidders for Mirant Corp.’s assets in the Philippines, are reportedly working out a financing scheme with Japan Bank for International Cooperation (JBIC) and a consortium of Japanese banks, a ranking company official said.


Federico Puno, president of Marubeni Philippines Corp., said, however, that they have yet to determine how much will be borrowed from JBIC.


                    [DatePublished] => 2007-01-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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MARUBENI AND TEPCO

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                    [Title] => Marubeni, Tokyo Electric  seek financing for purchase of Mirant’s assets
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Marubeni Corp. and Tokyo Electric Power Corp. (Tepco), the winning bidders for Mirant Corp.’s assets in the Philippines, are reportedly working out a financing scheme with Japan Bank for International Cooperation (JBIC) and a consortium of Japanese banks, a ranking company official said.


Federico Puno, president of Marubeni Philippines Corp., said, however, that they have yet to determine how much will be borrowed from JBIC.


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Marubeni, Tokyo Electric seek financing for purchase of Mirant’s assets

By Donnabelle L. Gatdula | January 11, 2007 - 12:00am

Marubeni Corp. and Tokyo Electric Power Corp. (Tepco), the winning bidders for Mirant Corp.’s assets in the Philippines, are reportedly working out a financing scheme with Japan Bank for International...

Business