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                    [Title] => Liberty signs restructuring deal with DBP
                    [Summary] => Publicly-listed Liberty Telecoms Holdings Inc. (LTHI) and its subsidiary Liberty Broadcasting Network Inc. have signed an agreement with the  Development Bank of the Philippines for the restructuring of more than P296.21 million in debts, a company official informed the Philippine Stock Exchange.


LTHI corporate secretary Heinz Reyes said the agreement, forged last Dec. 27, basically extended the repayment period of two loan tranches by an average of two years, while also easing the accrued interest and charges amounting to an additional P26.22 million.


                    [DatePublished] => 2003-01-09 00:00:00
                    [ColumnID] => 133272
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HEINZ REYES

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                    [Title] => Liberty signs restructuring deal with DBP
                    [Summary] => Publicly-listed Liberty Telecoms Holdings Inc. (LTHI) and its subsidiary Liberty Broadcasting Network Inc. have signed an agreement with the  Development Bank of the Philippines for the restructuring of more than P296.21 million in debts, a company official informed the Philippine Stock Exchange.


LTHI corporate secretary Heinz Reyes said the agreement, forged last Dec. 27, basically extended the repayment period of two loan tranches by an average of two years, while also easing the accrued interest and charges amounting to an additional P26.22 million.


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abtest

Liberty signs restructuring deal with DBP

January 9, 2003 - 12:00am

Publicly-listed Liberty Telecoms Holdings Inc. (LTHI) and its subsidiary Liberty Broadcasting Network Inc. have signed an agreement with the Development Bank of the Philippines for the restructuring of more than...

Business