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                    [ArticleID] => 253535
                    [Title] => ABS-CBN secures $120-M loan
                    [Summary] => Media giant ABS-CBN Broadcasting Corp. has secured a $120-million loan from an international banking consortium, the company told the Philippine Stock Exchange yesterday.


ABS-CBN said it has signed an underwriting agreement with ABN Amro Bank N.V., BPI Capital Corp., ING Bank N.V. and Societe General Asia Ltd. for a $120-million loan.


The loan will be channeled to refinance ABS-CBN's existing loans amounting to $90 million and for its investment in its cable affiliate Beyond Cable Inc. worth $30 million.


                    [DatePublished] => 2004-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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RANDY ESTRELLADO

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                    [ArticleID] => 253535
                    [Title] => ABS-CBN secures $120-M loan
                    [Summary] => Media giant ABS-CBN Broadcasting Corp. has secured a $120-million loan from an international banking consortium, the company told the Philippine Stock Exchange yesterday.


ABS-CBN said it has signed an underwriting agreement with ABN Amro Bank N.V., BPI Capital Corp., ING Bank N.V. and Societe General Asia Ltd. for a $120-million loan.


The loan will be channeled to refinance ABS-CBN's existing loans amounting to $90 million and for its investment in its cable affiliate Beyond Cable Inc. worth $30 million.


                    [DatePublished] => 2004-06-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

ABS-CBN secures $120-M loan

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

Media giant ABS-CBN Broadcasting Corp. has secured a $120-million loan from an international banking consortium, the company told the Philippine Stock Exchange yesterday. ABS-CBN said it has signed an underwriting...

Business