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                    [ArticleID] => 222417
                    [Title] => $250-M PSALM bond issuance to cover Napocor’s funding needs for next year
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) may use the proceeds from the $250-million planned bond issuance which will be partially-backed by the Asian Development Bank (ADB) to cover the financing requirement of the National Power Corp. (Napocor) for 2004. 


PSALM president Edgardo del Fonso said up to now they are still waiting for the go signal of the ADB for the proposed bond float. 


PSALM is mandated to manage the finances and the privatization of the state-owned Napocor. 


                    [DatePublished] => 2003-09-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 209638
                    [Title] => ADB to Napocor: Show concrete progress first
                    [Summary] => The Asian Development Bank (ADB) needs to see concrete progress in the privatization of the National Power Corp. (Napocor) before giving the go-signal for a $250-million partial guarantee loan for the power firm. 


"We agreed with the government that there should be concrete progress on the privatization in the power sector before we move with the $250 million partial credit guarantee," ADB country director for the Philippines Thomas Crouch said in an interview. 


                    [DatePublished] => 2003-06-11 00:00:00
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PHILIPPINES THOMAS CROUCH

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                    [Title] => $250-M PSALM bond issuance to cover Napocor’s funding needs for next year
                    [Summary] => The Power Sector Assets and Liabilities Management Corp. (PSALM) may use the proceeds from the $250-million planned bond issuance which will be partially-backed by the Asian Development Bank (ADB) to cover the financing requirement of the National Power Corp. (Napocor) for 2004. 


PSALM president Edgardo del Fonso said up to now they are still waiting for the go signal of the ADB for the proposed bond float. 


PSALM is mandated to manage the finances and the privatization of the state-owned Napocor. 


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                    [ArticleID] => 209638
                    [Title] => ADB to Napocor: Show concrete progress first
                    [Summary] => The Asian Development Bank (ADB) needs to see concrete progress in the privatization of the National Power Corp. (Napocor) before giving the go-signal for a $250-million partial guarantee loan for the power firm. 


"We agreed with the government that there should be concrete progress on the privatization in the power sector before we move with the $250 million partial credit guarantee," ADB country director for the Philippines Thomas Crouch said in an interview. 


                    [DatePublished] => 2003-06-11 00:00:00
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abtest

$250-M PSALM bond issuance to cover Napocor’s funding needs for next year

By Donnabelle L. Gatdula | September 29, 2003 - 12:00am

The Power Sector Assets and Liabilities Management Corp. (PSALM) may use the proceeds from the $250-million planned bond issuance which will be partially-backed by the Asian Development Bank (ADB) to cover the financing...

Business

ADB to Napocor: Show concrete progress first

By Donnabelle L. Gatdula | June 11, 2003 - 12:00am

The Asian Development Bank (ADB) needs to see concrete progress in the privatization of the National Power Corp. (Napocor) before giving the go-signal for a $250-million partial guarantee loan for the power firm....

Business