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                    [Title] => Napocor may scrap additional bond float – Camacho
                    [Summary] => The National Power Corp. (Napocor) may forego one of its planned bond floats if it can raise $750 million from its ongoing international bond issuance. 


"If Napocor could generate as much from the ongoing bond issue, then it would have a flexibility and/or fallback in case the other planned bond flotation would not push through," Finance Secretary and Napocor chairman Jose Isidro Camacho said in an interview. 


Napocor needs some $1.2 billion for 2003. So far, it was able to raise $200 million from a private placement early this year. 


                    [DatePublished] => 2003-06-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 202654
                    [Title] => Napocor trims borrowing requirement for 2003
                    [Summary] => After conducting an audit and re-evaluation of its borrowing program, the National Power Corp. (Napocor) has trimmed down its borrowing requirement for the year from $2 billion to only $1.2 billion. 


Finance Secretary and Napocor chairman Jose Isidro Camacho told reporters over the weekend that the beleaguered power company need not borrow as much as it originally projected. 


According to Camacho, Napocor went through its 2003 borrowing program "with a fine-toothed comb" and dropped certain items for funding that do not have to be included. 


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 200098
                    [Title] => Government may scrap most IPP deals due to onerous terms
                    [Summary] => BAGUIO CITY – The National Power Corp. (Napocor) is considering "financial options" that would enable it to buy out independent power plants (IPPs) without throwing the country into a debt crisis.


The government has just concluded its review of IPP contracts and officials said most of the contracts might have to be pre-terminated because of various onerous terms.


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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 173653
                    [Title] => Unions decry smear drive vs Napocor
                    [Summary] => The three employee’s organizations of the National Power Corp. (Napocor) – the National Employees and Workers Union (NEWU), the Napocor Employees Consolidated Union (NECU) and the Executives Association EXA – deplored yesterday the orchestrated media attacks being waged by a vested interest group against Napocor and its projects, even as they expressed full support for President Arroyo and former President Fidel Ramos.


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FINANCE SECRETARY AND NAPOCOR

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                    [ArticleID] => 210568
                    [Title] => Napocor may scrap additional bond float – Camacho
                    [Summary] => The National Power Corp. (Napocor) may forego one of its planned bond floats if it can raise $750 million from its ongoing international bond issuance. 


"If Napocor could generate as much from the ongoing bond issue, then it would have a flexibility and/or fallback in case the other planned bond flotation would not push through," Finance Secretary and Napocor chairman Jose Isidro Camacho said in an interview. 


Napocor needs some $1.2 billion for 2003. So far, it was able to raise $200 million from a private placement early this year. 


                    [DatePublished] => 2003-06-18 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 202654
                    [Title] => Napocor trims borrowing requirement for 2003
                    [Summary] => After conducting an audit and re-evaluation of its borrowing program, the National Power Corp. (Napocor) has trimmed down its borrowing requirement for the year from $2 billion to only $1.2 billion. 


Finance Secretary and Napocor chairman Jose Isidro Camacho told reporters over the weekend that the beleaguered power company need not borrow as much as it originally projected. 


According to Camacho, Napocor went through its 2003 borrowing program "with a fine-toothed comb" and dropped certain items for funding that do not have to be included. 


                    [DatePublished] => 2003-04-14 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 200098
                    [Title] => Government may scrap most IPP deals due to onerous terms
                    [Summary] => BAGUIO CITY – The National Power Corp. (Napocor) is considering "financial options" that would enable it to buy out independent power plants (IPPs) without throwing the country into a debt crisis.


The government has just concluded its review of IPP contracts and officials said most of the contracts might have to be pre-terminated because of various onerous terms.


                    [DatePublished] => 2003-03-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 173653
                    [Title] => Unions decry smear drive vs Napocor
                    [Summary] => The three employee’s organizations of the National Power Corp. (Napocor) – the National Employees and Workers Union (NEWU), the Napocor Employees Consolidated Union (NECU) and the Executives Association EXA – deplored yesterday the orchestrated media attacks being waged by a vested interest group against Napocor and its projects, even as they expressed full support for President Arroyo and former President Fidel Ramos.


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                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Napocor may scrap additional bond float – Camacho

By Donnabelle L. Gatdula | June 18, 2003 - 12:00am

The National Power Corp. (Napocor) may forego one of its planned bond floats if it can raise $750 million from its ongoing international bond issuance. "If Napocor could generate as much from the ongoing bond...

Business

Napocor trims borrowing requirement for 2003

By Des Ferriols | April 14, 2003 - 12:00am

After conducting an audit and re-evaluation of its borrowing program, the National Power Corp. (Napocor) has trimmed down its borrowing requirement for the year from $2 billion to only $1.2 billion. Finance Secretary...

Business

Government may scrap most IPP deals due to onerous terms

By Des Ferriols | March 24, 2003 - 12:00am

BAGUIO CITY – The National Power Corp. (Napocor) is considering "financial options" that would enable it to buy out independent power plants (IPPs) without throwing the country into a debt crisis. The...

Business

Unions decry smear drive vs Napocor

August 27, 2002 - 12:00am

The three employee’s organizations of the National Power Corp. (Napocor) – the National Employees and Workers Union (NEWU), the Napocor Employees Consolidated Union (NECU) and the Executives Association...

Business