^
+ Follow ELBERT M Tag
ELBERT M
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 762846
                    [Title] => RCBC sells P3.85-billion notes
                    [Summary] => 

Rizal Commercial Banking Corp. (RCBC) has raised P3.85 billion worth of long-term negotiable certificates of time deposit (LTNCD) as it continues to build its war chest for strategic acquisitions and long-term asset growth.

[DatePublished] => 2011-12-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 523303 [Title] => Yuchengco firms in merger talks [Summary] =>

Great Pacific Life Assurance Corp. (Grepalife) and Great Life Financial Assurance Corp. are in talks over a possible merger, with the former seen as the surviving entity in the process.

[DatePublished] => 2009-11-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 387582 [Title] => RCBC starts int’l roadshow for P10-B share offering [Summary] => Rizal Commercial Banking Corp. (RCBC) started yesterday its roadshow to key foreign cities to sell up to 250 million new common shares and in the process, raise about P10 billion in fresh capital.

RCBC officials, led by bank president Lorenzo V. Tan, will begin the roadshow in foreign financial centers such as Hong Kong, Singapore, London, New York, Boston, and San Francisco.

The roadshow will also covers local urban centers for domestic investors. RCBC officials will meet with over 100 equity fund management groups that have expressed interest in the sale. [DatePublished] => 2007-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 387409 [Title] => RCBC sets P10-B share offer [Summary] => Rizal Commercial Banking Corp. (RCBC) will embark on a domestic and international roadshow to sell up to 250 million new common shares and raise about P10 billion in fresh capital.

RCBC said the offer price has yet to be fixed by March 15. The bank’s stocks closed yesterday at P41.50 each, up 6.4 percent from Wednesday’s close of P39.
[DatePublished] => 2007-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 384969 [Title] => RCBC currency issue gets positive outlook from Fitch [Summary] => Fitch Ratings Ltd. has revised its outlook on currency issues by the Rizal Commercial Banking Corp. (RCBC) from stable to positive.

In a statement, RCBC senior vice president and corporate information officer Elbert M. Zosa said "the consummation of RCBC’s plans to raise over P7 billion in fresh capital by mid-2007 through the issuance of 250 million new common stock shares via a public offering should lead to a ratings upgrade."
[DatePublished] => 2007-02-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 379539 [Title] => RCBC to issue 250M new shares as part of capital buildup [Summary] => The Yuchengco-ledRizal Commercial Banking Corp. (RCBC) will issue 250 million new common shares through an additional public offering as part of its strategic capital buildup.

The offering will consist of a primary offer of new shares coming from the bank’s authorized but unissued common shares.

The shares will be offered at a discount to the volume-weighted average price of the shares on the Philippine Stock Exchange within 10 days of a stipulated period.
[DatePublished] => 2007-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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