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                    [Title] => First Pacific to raise $500M via debt or equity to fund reg’l expansion
                    [Summary] => Hong Kong-based First Pacific Co. Ltd. (FPC) intends to raise about $500 million from either debt or equity or both to finance a regional expansion of its telecommunications and food interests.


The regional expansion will use the Philippine Long Distance Telephone Co. (PLDT)-Smart Communications and Indonesia-based Indofood as core assets. First Pacific owns a controlling 24.4-percent stake in PLDT and has revealed plans that it may increase its interest in the future.


                    [DatePublished] => 2004-05-28 00:00:00
                    [ColumnID] => 133272
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SMART COMMUNICATIONS AND INDONESIA

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                    [ArticleID] => 251680
                    [Title] => First Pacific to raise $500M via debt or equity to fund reg’l expansion
                    [Summary] => Hong Kong-based First Pacific Co. Ltd. (FPC) intends to raise about $500 million from either debt or equity or both to finance a regional expansion of its telecommunications and food interests.


The regional expansion will use the Philippine Long Distance Telephone Co. (PLDT)-Smart Communications and Indonesia-based Indofood as core assets. First Pacific owns a controlling 24.4-percent stake in PLDT and has revealed plans that it may increase its interest in the future.


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abtest

First Pacific to raise $500M via debt or equity to fund reg’l expansion

May 28, 2004 - 12:00am

Hong Kong-based First Pacific Co. Ltd. (FPC) intends to raise about $500 million from either debt or equity or both to finance a regional expansion of its telecommunications and food interests. The regional expansion...

Business