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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 810373 [Title] => PSE okays BDO's $1-B rights offer [Summary] =>The Philippine Stock Exchange (PSE) has approved the $1-billion rights offer of BDO Unibank Inc. (BDO), which will be classified as core capital. It will be the biggest rights offer in the country’s history.
[DatePublished] => 2012-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 227986 [Title] => BSP okays Tier 2 offers of PNB, Security Bank [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved the planned Tier 2 offer of Security Bank and the Philippine National Bank (PNB), paving the way for the two banks to beef up their capital.
According to the BSP, Security Bank is planning to offer P3 billion worth of subordinated notes callable within 10 years while PNB is planning to offer $140 million worth of notes with similar terms.
[DatePublished] => 2003-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 226026 [Title] => PNB mulls $140-M bonds to boost capital [Summary] => The Philippine National Bank (PNB) will issue up to $140 million in unsecured subordinated notes next month to improve its capital adequacy and boost its capital base.
In a disclosure to the Philippine Stock Exchange, the countrys fourth largest lender said it had tapped JP Morgan Securities Ltd. as the lead arranger and bookbuilder for the issue, which would contribute to PNBs tier 2 capital buildup.
The bank said the bonds, with will mature on 2014 with a call option at the end of the fifth year, carry an indicative yield of between nine to 9.5 percent. [DatePublished] => 2003-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MORGAN SECURITIES LTD
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 810373 [Title] => PSE okays BDO's $1-B rights offer [Summary] =>The Philippine Stock Exchange (PSE) has approved the $1-billion rights offer of BDO Unibank Inc. (BDO), which will be classified as core capital. It will be the biggest rights offer in the country’s history.
[DatePublished] => 2012-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 227986 [Title] => BSP okays Tier 2 offers of PNB, Security Bank [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved the planned Tier 2 offer of Security Bank and the Philippine National Bank (PNB), paving the way for the two banks to beef up their capital.
According to the BSP, Security Bank is planning to offer P3 billion worth of subordinated notes callable within 10 years while PNB is planning to offer $140 million worth of notes with similar terms.
[DatePublished] => 2003-11-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 226026 [Title] => PNB mulls $140-M bonds to boost capital [Summary] => The Philippine National Bank (PNB) will issue up to $140 million in unsecured subordinated notes next month to improve its capital adequacy and boost its capital base.
In a disclosure to the Philippine Stock Exchange, the countrys fourth largest lender said it had tapped JP Morgan Securities Ltd. as the lead arranger and bookbuilder for the issue, which would contribute to PNBs tier 2 capital buildup.
The bank said the bonds, with will mature on 2014 with a call option at the end of the fifth year, carry an indicative yield of between nine to 9.5 percent. [DatePublished] => 2003-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | May 26, 2012 - 12:00am
November 15, 2003 - 12:00am
By Ted P. Torres | October 30, 2003 - 12:00am
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