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                    [ArticleID] => 182054
                    [Title] => ATI gets P600-M loan from HSBC
                    [Summary] => The South Harbor-based port operator Asian Terminals Inc. has secured a P600-million loan from the Hongkong and Shanghai Banking Corp. (HSBC) for the funding of its capital expenditures and the refinan-cing and of its existing debt.


The company told the Philippine Stock Exchange that the five-year loan facility will support its major project, a P100-million passenger shipping terminal that would form part of a 10-year modernization program in the Manila Bay area.
[DatePublished] => 2002-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 165566 [Title] => P&O Ports raises stake in ATI [Summary] => P&O Ports of Australia has increased its stake in listed port operator Asian Terminals Inc. by buying the 7.69-percent interest held by ATI’s other foreign investor, Japan’s Mitsui and Co. Ltd.

"This acquisition in effect increases P&O commitment to draw from its worldwide experience in port operations and transfer this know-how to ATI," the company said in a statement to the Philippine Stock Exchange.
[DatePublished] => 2002-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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