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                    [Title] => Reynolds gets Metrobank nod for restructuring program
                    [Summary] => Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.


                    [DatePublished] => 2002-02-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [Title] => Reynolds to go into debt restructuring
                    [Summary] => Reynolds Philippines Corp. will be undertaking a major debt restructuring program aimed at converting the remaining creditors into stockholders, after the Land Bank of the Philippines (LBP) took in a 36.7-percent stake in the company.


In a disclosure to the Philippine Stock Exchange (PSE), RPC corporate information officer Ma. Olivia Yabut-Misa said a nine-man board management committee (BMC) will be formed to review, evaluate, and implement the debt restructuring plan as well as business plans and programs, capital expenditures and projects of the company.


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OLIVIA YABUT-MISA

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                    [Title] => Reynolds gets Metrobank nod for restructuring program
                    [Summary] => Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.


                    [DatePublished] => 2002-02-15 00:00:00
                    [ColumnID] => 133272
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                    [Title] => Reynolds to go into debt restructuring
                    [Summary] => Reynolds Philippines Corp. will be undertaking a major debt restructuring program aimed at converting the remaining creditors into stockholders, after the Land Bank of the Philippines (LBP) took in a 36.7-percent stake in the company.


In a disclosure to the Philippine Stock Exchange (PSE), RPC corporate information officer Ma. Olivia Yabut-Misa said a nine-man board management committee (BMC) will be formed to review, evaluate, and implement the debt restructuring plan as well as business plans and programs, capital expenditures and projects of the company.


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abtest

Reynolds gets Metrobank nod for restructuring program

By Christina Mendez | February 15, 2002 - 12:00am

Reynolds Philippines Corp. (RPC) has secured the approval of its second largest creditor, Metropolitan Bank and Trust Co., its financial restructuring program anchored on a debt-to-equity conversion.

Business

Reynolds to go into debt restructuring

October 12, 2001 - 12:00am

Reynolds Philippines Corp. will be undertaking a major debt restructuring program aimed at converting the remaining creditors into stockholders, after the Land Bank of the Philippines (LBP) took in a 36.7-percent...

Business