^
+ Follow AVENUE ASIA CAPITAL PARTNERS Tag
AVENUE ASIA CAPITAL PARTNERS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 876679
                    [Title] => Globe makes tender offer for 92% of Bayan noteholders
                    [Summary] => 

Globe Telecom Inc., a joint venture between diversified conglomerate Ayala Corp. and Singapore Telecommunications Inc., has acquired close to 92 percent of the total remaining outstanding debt of Lopez-controlled Bayan Telecommunications Inc.

[DatePublished] => 2012-11-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => http://imageshack.us/a/img846/408/bu5thumb.jpg ) [1] => Array ( [ArticleID] => 863954 [Title] => Globe poised to take over Bayan [Summary] =>

Globe Telecom Inc., a joint venture between diversified conglomerate Ayala Corp. and Singapore Telecom, is poised to take over debt-ridden Bayan Telecommunications Inc. of the Lopez family.

[DatePublished] => 2012-11-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 863650 [Title] => Globe confirms talks with Bayan creditors [Summary] =>

Globe Telecom Inc., a joint venture between diversified conglomerate Ayala Corp. and Singapore Telecom, is in discussions with bank creditors to acquire Lopez-controlled
 

[DatePublished] => 2012-11-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 273481 [Title] => UCPB sells P11.9B worth of NPLs [Summary] => United Coconut Planters Bank (UCPB) has successfully sold some P11.9 billion worth of non-performing loans (NPLs) to an affiliate of Amroc Investments Ltd., one of the world’s biggest investor in distressed debt and recovery.

Beating the April deadline for the incentives available to banks unloading their bad loans and bad assets, UCPB held its auction late Friday and sold the entire block of NPLs to Avenue Asia Special Situation Fund III, a fund pool affiliated with Amroc.
[DatePublished] => 2005-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 217262 [Title] => BayanTel gets debt relief; receiver named [Summary] => The Pasig Regional Trial Court (RTC) has ordered a freeze on the payment of the outstanding debts of Bayan Telecommunications Inc. (BayanTel) while a viable and acceptable rehabilitation plan is being hammered out.

This as the Bank of New York, acting upon the instructions of some secured bondholders of BayanTel, filed a petition for rehabilitation with the RTC.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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