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                    [Title] => PLDT’s credit profile seen to improve over near term
                    [Summary] => The overall credit picture for Philippine Long Distance Telephone Co. (PLDT) is seen to improve further propelled by the solid financial performance of wireless subsidiary Smart Communications, combined with a deleveraging story that remains broadly intact, international investment analyst UBS said. 


In its April 2004 report, UBS noted that near-term liquidity for PLDT remains manageable with just $288 million of debts falling due this year. In 2004, PLDT plans to cut its debt stock by $250 million. 


                    [DatePublished] => 2004-04-07 00:00:00
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IF PILTEL

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                    [ArticleID] => 245508
                    [Title] => PLDT’s credit profile seen to improve over near term
                    [Summary] => The overall credit picture for Philippine Long Distance Telephone Co. (PLDT) is seen to improve further propelled by the solid financial performance of wireless subsidiary Smart Communications, combined with a deleveraging story that remains broadly intact, international investment analyst UBS said. 


In its April 2004 report, UBS noted that near-term liquidity for PLDT remains manageable with just $288 million of debts falling due this year. In 2004, PLDT plans to cut its debt stock by $250 million. 


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abtest

PLDT’s credit profile seen to improve over near term

April 7, 2004 - 12:00am

The overall credit picture for Philippine Long Distance Telephone Co. (PLDT) is seen to improve further propelled by the solid financial performance of wireless subsidiary Smart Communications, combined with a deleveraging...

Business