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                    [ArticleID] => 241493
                    [Title] => GMA Network expects to be debt-free by ’05
                    [Summary] => Banking on its sustained profitability, GMA Network Inc. expects to settle all its debts by end-2005, company officials said.


GMA vice-president for finance Ronaldo Mastrilis said the company will be debt-free by the end of next year with the expected settlement of the remaining portion of a P1.9-billion loan secured in 2000. 


Mastrilis said the network will pay P500- million worth of principal loans this year, with  financing coming from internally-generated funds.


                    [DatePublished] => 2004-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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MASTRILIS

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                    [ArticleID] => 241493
                    [Title] => GMA Network expects to be debt-free by ’05
                    [Summary] => Banking on its sustained profitability, GMA Network Inc. expects to settle all its debts by end-2005, company officials said.


GMA vice-president for finance Ronaldo Mastrilis said the company will be debt-free by the end of next year with the expected settlement of the remaining portion of a P1.9-billion loan secured in 2000. 


Mastrilis said the network will pay P500- million worth of principal loans this year, with  financing coming from internally-generated funds.


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                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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abtest

GMA Network expects to be debt-free by ’05

By Zinnia B. Dela Peña | March 6, 2004 - 12:00am

Banking on its sustained profitability, GMA Network Inc. expects to settle all its debts by end-2005, company officials said. GMA vice-president for finance Ronaldo Mastrilis said the company will be debt-free by...

Business