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                    [ArticleID] => 1382076
                    [Title] => Lopez-led EDC gets $315 M loan for wind project
                    [Summary] => 
Energy Development Corp. (EDC), the Lopez-led geothermal company, has signed a $315 million financing agreement with a group of foreign and local banks for the construction of the 150-megawatt Burgos Wind Project (BWP) in Ilocos Norte.

                    [DatePublished] => 2014-10-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141020/Lopez-geothermal-company.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 515036
                    [Title] => Metrobank Card salutes outstanding teachers
                    [Summary] => 
In keeping with its corporate social responsibility initiatives, Metrobank Card Corporation (MCC), the Philippines’ leading local credit card company, recently honored the country’s most outstanding teachers. MCC, led by Deputy Cards head Anna Therese Cuenco, awarded the 10 honorees of Metrobank Foundation’s Search for Outstanding Teachers 2009 with specially designed Metrobank credit cards and certificates of appreciation.
                    [DatePublished] => 2009-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Lifestyle Business
                    [SectionUrl] => business-life
                    [URL] => 
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                    [ArticleID] => 336719
                    [Title] => Lafayette creditors threaten to take ‘drastic action’
                    [Summary] => 



Creditor banks of Lafayette Philippines Inc. (LPI) are reportedly threatening to take "drastic action" if the mining firm is not able to operate its Rapu-Rapu mining project in Albay by next week.


According to government sources, Lafayette has not been able to service its outstanding debts to its creditors since the stoppage of its mining operations in October last year.


Lafayette’s exposure include a $35 million debt financing facility, a A$140- million hedged market to market exposure and a A$60-million metal forward contract liability.


                    [DatePublished] => 2006-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 335726
                    [Title] => Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils
                    [Summary] => The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers.


This was disclosed to Cecilia K. Songco, officer-in-charge of the Mining Division of the Board of Investments, by Manuel A. Agcaoili, president of Rapu-Rapu Processing, Inc., a subsidiary of Lafayette.


Songco had recently sought information regarding the possible reopening of the Rapu-Rapu Polymetallic project of Lafayette in Rapu-Rapu, Albay.


                    [DatePublished] => 2006-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

Array
(
    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 1382076
                    [Title] => Lopez-led EDC gets $315 M loan for wind project
                    [Summary] => 
Energy Development Corp. (EDC), the Lopez-led geothermal company, has signed a $315 million financing agreement with a group of foreign and local banks for the construction of the 150-megawatt Burgos Wind Project (BWP) in Ilocos Norte.

                    [DatePublished] => 2014-10-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20141020/Lopez-geothermal-company.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 515036
                    [Title] => Metrobank Card salutes outstanding teachers
                    [Summary] => 
In keeping with its corporate social responsibility initiatives, Metrobank Card Corporation (MCC), the Philippines’ leading local credit card company, recently honored the country’s most outstanding teachers. MCC, led by Deputy Cards head Anna Therese Cuenco, awarded the 10 honorees of Metrobank Foundation’s Search for Outstanding Teachers 2009 with specially designed Metrobank credit cards and certificates of appreciation.
                    [DatePublished] => 2009-10-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Lifestyle Business
                    [SectionUrl] => business-life
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 336719
                    [Title] => Lafayette creditors threaten to take ‘drastic action’
                    [Summary] => 



Creditor banks of Lafayette Philippines Inc. (LPI) are reportedly threatening to take "drastic action" if the mining firm is not able to operate its Rapu-Rapu mining project in Albay by next week.


According to government sources, Lafayette has not been able to service its outstanding debts to its creditors since the stoppage of its mining operations in October last year.


Lafayette’s exposure include a $35 million debt financing facility, a A$140- million hedged market to market exposure and a A$60-million metal forward contract liability.


                    [DatePublished] => 2006-05-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 335726
                    [Title] => Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils
                    [Summary] => The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers.


This was disclosed to Cecilia K. Songco, officer-in-charge of the Mining Division of the Board of Investments, by Manuel A. Agcaoili, president of Rapu-Rapu Processing, Inc., a subsidiary of Lafayette.


Songco had recently sought information regarding the possible reopening of the Rapu-Rapu Polymetallic project of Lafayette in Rapu-Rapu, Albay.


                    [DatePublished] => 2006-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Lopez-led EDC gets $315 M loan for wind project

By Iris Gonzales | October 20, 2014 - 12:00am

Energy Development Corp. (EDC), the Lopez-led geothermal company, has signed a $315 million financing agreement with a group...

Business

Metrobank Card salutes outstanding teachers

October 19, 2009 - 12:00am

In keeping with its corporate social responsibility initiatives, Metrobank Card Corporation (MCC), the Philippines’ leading local credit card company, recently honored the country’s most outstanding teachers....

Lifestyle Business

Lafayette creditors threaten to take ‘drastic action’

By Marianne V. Go | May 15, 2006 - 12:00am

Creditor banks of Lafayette Philippines Inc. (LPI) are reportedly threatening to take "drastic action" if the mining firm is not able to operate its Rapu-Rapu mining project in Albay by next week. According...

Business

Permanent shutdown of Rapu-Rapu to result in loss of $259M for Lafayette Phils

By Marianne V. Go | May 9, 2006 - 12:00am

The closure of Lafayette Philippines Inc.’s (LPI) Rapu-Rapu mining project in Albay would result in the loss of $259 million in investments and loss of employment for about 1,000 workers. This was disclosed...

Business