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[Title] => BSP okays $300-M Napocor debt swap
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The Bangko Sentral ng Pilipinas (BSP) has approved the proposed $300-million debt swap of the National Power Corp. (Napocor) that would fill up more than half of the company’s total borrowing requirement for the year.
The state-owned Napocor had laid out a $500-million borrowing requirement for the year including the debt swap which was originally proposed by the Power Sector Assets and Liabilities Management Corp (PSALM).
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HUNTER VALLEY COAL CORP
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The Bangko Sentral ng Pilipinas (BSP) has approved the proposed $300-million debt swap of the National Power Corp. (Napocor) that would fill up more than half of the company’s total borrowing requirement for the year.
The state-owned Napocor had laid out a $500-million borrowing requirement for the year including the debt swap which was originally proposed by the Power Sector Assets and Liabilities Management Corp (PSALM).
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abtest
By Des Ferriols | May 7, 2007 - 12:00am
Recommended
More than P96 million of Vice President Sara Duterte’s joint bank deposits with her father was concealed in manager’s checks and was not declared in her statements of assets, liabilities and net worth, testimonies on Day 35 yesterday of her impeachment trial revealed.
16 hours ago
The camp of Vice President Sara Duterte has expressed confidence that it can explain her bank balances as the Senate impeachment court started digging into her bank records and those of her husband Manases Carpio.
16 hours ago
Undeterred by a recent unanimous Supreme Court ruling, minority Senators Robinhood Padilla and Bong Go are asking the SC to rule against the recent decision of the Senate impeachment court to allow a lower number of votes to convict Vice President Sara Duterte.
16 hours ago
President Sherwin Gatchalian yesterday said it is not “standard practice” for Sen. Jinggoy Estrada to turn over a stripped office of the Senate president pro tempore to Sen. Vicente Sotto III.
16 hours ago
Malacañang has called for a deeper probe into the claims of dismissed policeman Rodulfo Gracioso Jr. that he delivered more than P2 billion in cash to Vice President Sara Duterte and members of her family on the instructions of former House speaker Lord Allan Velasco.
16 hours ago
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