|
|
Article: Meralco seeks P11-B loans to refinance obligations.(Main Business)
- Article from:
- Manila Bulletin
- Article date:
- October 11, 2009
CopyrightCOPYRIGHT 2009 Manila Bulletin Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Manila Electric Company (Meralco) is talking with at least two banks for an P11-billion refinancing plan in the remaining months of the year.Meralco treasurer Rafael Andrada said they are now evaluating the proposal from these two banks noting that “there are a couple of proposals from banks but I am not yet satisfied with their offer.”Andrada said that if they would get the appropriate interest rates, they would raise the entire P11 billion that they need to refinance the company’s maturing obligations.But he said they may also raise the refinancing requirement on a piece meal basis or as opportunity comes in.“If there is a good offer to raise ...
Related newspaper, magazine, and journal articles:
|
|
Article: Union Bank of California Rolls out Dorado ...
Business Wire;
September 21, 2005 ;
700+ words
... ... at the lender point of sale, today announced Union Bank of California (Union Bank) has rolled out the Dorado Unified Point-of ... which will underwrite up to 70% or more of Union Bank's loans, and shave 20-25% off approval ...
|
|