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                    [Title] => ABS-CBN says no attempt to mislead investors
                    [Summary] => ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company in default.


In a Sept. 3 disclosure, ABS-CBN said it was able to secure a P3-billion exchangeable notes facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


                    [DatePublished] => 2002-09-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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                    [ArticleID] => 174641
                    [Title] => ABS-CBN reaches accord with short-term creditors
                    [Summary] => ABS-CBN Broadcasting Corp. has secured a P3-billion exchangeable note facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


ABS-CBN director for finance Oliver Calma told the Philippine Stock Exchange that about 88 percent of its total short-term loans will be covered by the facility, as it expects more creditors to take part in the loan restructuring.


                    [DatePublished] => 2002-09-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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OLIVER CALMA

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                    [ArticleID] => 174767
                    [Title] => ABS-CBN says no attempt to mislead investors
                    [Summary] => ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company in default.


In a Sept. 3 disclosure, ABS-CBN said it was able to secure a P3-billion exchangeable notes facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


                    [DatePublished] => 2002-09-05 00:00:00
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                    [ArticleID] => 174641
                    [Title] => ABS-CBN reaches accord with short-term creditors
                    [Summary] => ABS-CBN Broadcasting Corp. has secured a P3-billion exchangeable note facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


ABS-CBN director for finance Oliver Calma told the Philippine Stock Exchange that about 88 percent of its total short-term loans will be covered by the facility, as it expects more creditors to take part in the loan restructuring.


                    [DatePublished] => 2002-09-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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abtest

ABS-CBN says no attempt to mislead investors

By Christina Mendez | September 5, 2002 - 12:00am

ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company...

Business

ABS-CBN reaches accord with short-term creditors

By Christina Mendez | September 4, 2002 - 12:00am

ABS-CBN Broadcasting Corp. has secured a P3-billion exchangeable note facility with majority of its short-term creditors to refinance its current loans and for working capital needs. ABS-CBN director for finance...

Business