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                    [ArticleID] => 96941
                    [Title] => Prospects dim for another Napocor bond float, says study
                    [Summary] => Prospects for another bond issuance by the National Power Corp. remain dim due to huge losses incurred by the company during the past few year, according to a recent study.


"We are not recommending Napocor bonds at the current juncture," said an HSBC study called Asian Credit Review.


HSBC said the credit rating of Napocor will remain dependent on the National Government. "We expect Napocor’s credit rating to move in line with the Republic of the Philippines on the back of the explicit guarantee," it said.


                    [DatePublished] => 2001-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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OMNIBUS POWER REFORMS BILL

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                    [ArticleID] => 96941
                    [Title] => Prospects dim for another Napocor bond float, says study
                    [Summary] => Prospects for another bond issuance by the National Power Corp. remain dim due to huge losses incurred by the company during the past few year, according to a recent study.


"We are not recommending Napocor bonds at the current juncture," said an HSBC study called Asian Credit Review.


HSBC said the credit rating of Napocor will remain dependent on the National Government. "We expect Napocor’s credit rating to move in line with the Republic of the Philippines on the back of the explicit guarantee," it said.


                    [DatePublished] => 2001-02-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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abtest

Prospects dim for another Napocor bond float, says study

By Donnabelle L. Gatdula | February 5, 2001 - 12:00am

Prospects for another bond issuance by the National Power Corp. remain dim due to huge losses incurred by the company during the past few year, according to a recent study. "We are not recommending Napocor...

Business