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                    [ArticleID] => 174767
                    [Title] => ABS-CBN says no attempt to mislead investors
                    [Summary] => ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company in default.


In a Sept. 3 disclosure, ABS-CBN said it was able to secure a P3-billion exchangeable notes facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


                    [DatePublished] => 2002-09-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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PARIBAS AND STANDARD CHARTERED BANK

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                    [Title] => ABS-CBN says no attempt to mislead investors
                    [Summary] => ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company in default.


In a Sept. 3 disclosure, ABS-CBN said it was able to secure a P3-billion exchangeable notes facility with majority of its short-term creditors to refinance its current loans and for working capital needs.


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abtest

ABS-CBN says no attempt to mislead investors

By Christina Mendez | September 5, 2002 - 12:00am

ABS-CBN Broadcasting Corp., the flagship of the Lopez Group of companies, said yesterday there was no attempt to mislead the investing public of its debt situation, with two of its creditor banks declaring the company...

Business