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Phoenix sells P2 B preferred shares
Phoenix sells P2 B preferred shares
By Iris Gonzales | Over a year ago
Phoenix Petroleum Philippines is gearing up for expansion after successfully raising P2 billion from the issuance of Series...
Business
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PNB Group bag awards for project financing
December 15, 2015 - 12:00am
The Philippine National Bank (PNB) and PNB Capital and Investment Corp. has bagged four awards from the recently concluded The Asset Triple A Asia Infrastructure Awards 2015 held at the Island Shangri-la Hong K...
Banking
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Meralco-Thai firm joint venture secures P42-B loan for Quezon coal power plant
December 1, 2015 - 9:00am
San Buenaventura Power Ltd. Co. (SBPL), the joint venture between Manila Electric Co. (Meralco) and Thailand’s Electricity Generating Public Co. Ltd. (EGCO), has secured a P42.15-billion loan from a consortium...
Business
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Investors swarm P5-B AUB fundraising
By Lawrence Agcaoili | November 14, 2015 - 9:00am
Various retail and institutional investors swarmed the note issuance of publicly-listed Asia United Bank (AUB) to raise an additional P5 billion to beef up the bank’s capital base.
Business
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ADB extends $20-M loan to EDC’s Burgos wind farm
ADB extends $20-M loan to EDC’s Burgos wind farm
Over a year ago
The Asian Development Bank (ADB) has signed a financing assignment agreement of up to $20 million with EDC Burgos Wind Power...
Business
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SM Prime prices for P20-B bonds
By Zinnia B. Dela Peña | November 6, 2015 - 9:00am
Property giant SM Prime Holdings Inc. has set the interest rates for its retail bond offering worth up to P20 billion.
Business
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AUB eyes P5 B from note issuance
AUB eyes P5 B from note issuance
By Lawrence Agcaoili | Over a year ago
Asia United Bank (AUB) is raising P5 billion from the issuance of unsecured subordinated notes to beef up its capital ba...
Business
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Big catching up needed for Phl steel industry
AT GROUND LEVEL - By Satur C. Ocampo | October 16, 2015 - 10:00am
Positive news for the nation’s struggling iron and steel industry turned up this week: Seven domestic banks have pooled a P4.4-billion syndicated loan to finance the construction in Plaridel, Bulacan of a modern...
Opinion
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SMC raises P33.5 B from sale of shares
SMC raises P33.5 B from sale of shares
By Iris Gonzales | Over a year ago
Diversified conglomerate San Miguel Corp. successfully raised P33.5 billion from a preferred share sale on strong interest...
Business
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Palace condoles with kin of Department of Education official
By Delon Porcalla | August 30, 2015 - 10:00am
Malacañang yesterday extended its condolences to the family of the Department of Education (DepEd) undersecretary for finance and administration Francisco Varela, who was killed in a motorcycle accident in...
Headlines
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