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                    [ArticleID] => 98308
                    [Title] => Piltel makes exchange offer to bondholders
                    [Summary] => The Pilipino Telephone Corp. (Piltel) announced yesterday that it has made a formal exchange offer to the holders of $183 million (more than P9 billion) worth of convertible bonds guaranteed by Piltel, one of the last remaining steps towards the much-delayed rehabilitation of the debt-saddled company.


Piltel owes about P35 billion to various parties, including the bondholders, creditor banks, and suppliers, each group holding around one-third of the total debt.


                    [DatePublished] => 2000-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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PILTEL INTERNATIONAL HOLDINGS CORP

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                    [ArticleID] => 98308
                    [Title] => Piltel makes exchange offer to bondholders
                    [Summary] => The Pilipino Telephone Corp. (Piltel) announced yesterday that it has made a formal exchange offer to the holders of $183 million (more than P9 billion) worth of convertible bonds guaranteed by Piltel, one of the last remaining steps towards the much-delayed rehabilitation of the debt-saddled company.


Piltel owes about P35 billion to various parties, including the bondholders, creditor banks, and suppliers, each group holding around one-third of the total debt.


                    [DatePublished] => 2000-12-22 00:00:00
                    [ColumnID] => 133272
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abtest

Piltel makes exchange offer to bondholders

December 22, 2000 - 12:00am

The Pilipino Telephone Corp. (Piltel) announced yesterday that it has made a formal exchange offer to the holders of $183 million (more than P9 billion) worth of convertible bonds guaranteed by Piltel, one of the...

Business