ASIAN INFRASTRUCTURE MEZZANINE CAPITAL FUND

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                    [ArticleID] => 213843
                    [Title] => First Holdings’ offshore unit pays off $70-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC), the energy holding unit of the Lopez group, announced yesterday that its offshore subsidiary FGHC International Ltd. has completed the payment of its $70 million loan facility.


In a disclosure statement filed at the Philippine Stock Exchange, FPHC chief information officer Ernesto Rufino Jr. said FPHC paid the balance of $45.07 million consisting of principal and interest.  The loan was secured to finance the construction of a 500-megawatt (MW) power plant in San Lorenzo, Batangas.


                    [DatePublished] => 2003-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 211345
                    [Title] => Lopez company seeks another reprieve from debt payment
                    [Summary] => FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until July 31, 2003.


In a statement filed with the Philippine StockExchange yesterday, FPHC said it is still negotiatingfor a $30-million loan that, together with the $35-million borrowing from Asian Infrastructure Mezzanine Capital Fund (AIMCF), will allow FGHC International to settle the $60-million indebtedness.


                    [DatePublished] => 2003-06-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
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                    [ArticleID] => 209631
                    [Title] => First Phil Holdings seeks $30-M loan
                    [Summary] => First Philippine Holdings Corp. (FPHC) is negotiating with a foreign financial institution for another $30-million loan facility to cover the payments of some of its maturing obligations, according to its president and chief operating officer Elpidio Ibanez.


FPHC has just signed a $35-million loan facility from the Asian Infrastructure Mezzanine Capital Fund as part of its ongoing debt repayment program.


                    [DatePublished] => 2003-06-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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First Holdings’ offshore unit pays off $70-M loan

By Zinnia B. Dela Peña | July 16, 2003 - 12:00am

First Philippine Holdings Corp. (FPHC), the energy holding unit of the Lopez group, announced yesterday that its offshore subsidiary FGHC International Ltd. has completed the payment of its $70 million loan facility. In...

Business

Lopez company seeks another reprieve from debt payment

By Zinnia B. Dela Peña | June 25, 2003 - 12:00am

FGHC International Ltd., a wholly-owned subsidiary of the Lopez-controlled First Philippine Holdings Corp, (FPHC) has asked its creditors anew to extend the repayment date of its $60 million by another month or until...

Business

First Phil Holdings seeks $30-M loan

By Zinnia B. Dela Peña | June 11, 2003 - 12:00am

First Philippine Holdings Corp. (FPHC) is negotiating with a foreign financial institution for another $30-million loan facility to cover the payments of some of its maturing obligations, according to its president...

Business