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                    [ArticleID] => 198775
                    [Title] => Atlas Mining retires P878-M debt through swap deal
                    [Summary] => Atlas Consolidated Mining and Development Co. (ACMDC) has settled another P878.3 million in historic debts through a debt-to-equity swap with a group led by Alakor Corp., an investment and holding firm controlled by Alfredo Ramos of the National Bookstore chain.


In a disclosure to the Philippine Stock Exchange, ACMDC said the additional share issue was covered by the debt-to-equity agreement  entered with Alakor in October 2000 and has been approved by the PSE and the Securities and Exchange Commission.


                    [DatePublished] => 2003-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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ATLAS CONSOLIDATED MINING AND DEVELOPMENT CO

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                    [ArticleID] => 198775
                    [Title] => Atlas Mining retires P878-M debt through swap deal
                    [Summary] => Atlas Consolidated Mining and Development Co. (ACMDC) has settled another P878.3 million in historic debts through a debt-to-equity swap with a group led by Alakor Corp., an investment and holding firm controlled by Alfredo Ramos of the National Bookstore chain.


In a disclosure to the Philippine Stock Exchange, ACMDC said the additional share issue was covered by the debt-to-equity agreement  entered with Alakor in October 2000 and has been approved by the PSE and the Securities and Exchange Commission.


                    [DatePublished] => 2003-03-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Christina Mendez
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abtest

Atlas Mining retires P878-M debt through swap deal

By Christina Mendez | March 13, 2003 - 12:00am

Atlas Consolidated Mining and Development Co. (ACMDC) has settled another P878.3 million in historic debts through a debt-to-equity swap with a group led by Alakor Corp., an investment and holding firm controlled...

Business