+ Follow EXCHANGEABLE NOTES FACILITY AGREEMENT Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 215449
[Title] => ABS-CBN inks loan restructuring deal
[Summary] => Media giant ABS-CBN Broadcasting Corp. has signed an agreement with BNP Paribas S.A. for the restructuring of $3.6 million in loans, chief financial officer Randolph Estrellado said in a disclosure to the Philippine Stock Exchange.
Under the agreement, BNP Paribas will be considered a facility lender under the Exchangeable Notes Facility Agreement (ENFA) signed by majority of ABS-CBN’s short-term creditors in September last year.
The ENFA is a major component of a master financial plan that seeks to improve the loan maturity profile of ABS-CBN.
[DatePublished] => 2003-07-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 184051
[Title] => Benpres losses widen to P450 million
[Summary] => Benpres Holdings Corp. widened its losses by nearly two and half times in the first nine months of 2002 as lower revenues from its subsidiaries coupled with the continued loss provisions from its investments significantly pulled down the holding company’s profitability.
Documents submitted to the Securities and Exchange Commission showed that for the nine-month period, the Lopez-controlled firm booked P450 million in losses as compared to the P182-million loss a year earlier.
[DatePublished] => 2002-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
EXCHANGEABLE NOTES FACILITY AGREEMENT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 215449
[Title] => ABS-CBN inks loan restructuring deal
[Summary] => Media giant ABS-CBN Broadcasting Corp. has signed an agreement with BNP Paribas S.A. for the restructuring of $3.6 million in loans, chief financial officer Randolph Estrellado said in a disclosure to the Philippine Stock Exchange.
Under the agreement, BNP Paribas will be considered a facility lender under the Exchangeable Notes Facility Agreement (ENFA) signed by majority of ABS-CBN’s short-term creditors in September last year.
The ENFA is a major component of a master financial plan that seeks to improve the loan maturity profile of ABS-CBN.
[DatePublished] => 2003-07-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 184051
[Title] => Benpres losses widen to P450 million
[Summary] => Benpres Holdings Corp. widened its losses by nearly two and half times in the first nine months of 2002 as lower revenues from its subsidiaries coupled with the continued loss provisions from its investments significantly pulled down the holding company’s profitability.
Documents submitted to the Securities and Exchange Commission showed that for the nine-month period, the Lopez-controlled firm booked P450 million in losses as compared to the P182-million loss a year earlier.
[DatePublished] => 2002-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
