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                    [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
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PARIBAS S

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                    [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
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abtest

ABS-CBN inks loan restructuring deal

By Zinnia B. Dela Peña | July 30, 2003 - 12:00am

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...

Business