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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 310850 [Title] => Manila Water to borrow $40M in new loans for 2007 capex [Summary] => Ayala-controlled utility firm Manila Water Co. plans to tap as much as $40 million in new loans next year to fund its capital spending for 2007.
In a disclosure to the Philippine Stock Exchange, Manila Water said negotiations for the loan will start next year. It has held initial discussions with the lenders are merely in the exploratory stage.
The utility firm has earmarked P4 billion this year and another P4 billion in 2006 for its capital expenditures.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MONTALBAN AND ANTIPOLO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 310850 [Title] => Manila Water to borrow $40M in new loans for 2007 capex [Summary] => Ayala-controlled utility firm Manila Water Co. plans to tap as much as $40 million in new loans next year to fund its capital spending for 2007.
In a disclosure to the Philippine Stock Exchange, Manila Water said negotiations for the loan will start next year. It has held initial discussions with the lenders are merely in the exploratory stage.
The utility firm has earmarked P4 billion this year and another P4 billion in 2006 for its capital expenditures.
[DatePublished] => 2005-12-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Zinnia B. Dela Peña | December 6, 2005 - 12:00am
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Forex
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- 12:00 am
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1$ : P51.66