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+ Follow POWER SECTOR RESTRUCTURING LAW Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 141917 [Title] => Napocor likely to get $200-M loan [Summary] => The state-run National Power Corp. (Napocor) could still get the second tranche or $200 of its $600-million Power Sector Reform Loan.
Finance officials said the power company has complied mostly with the conditions set by its creditor, Asian Development Bank (ADB), which is co-financing the loan with Japan Bank for International Cooperation (JBIC).
Debt-saddled Napocor badly needs new loans to finance its capital expenditures as well as pay off several maturing debts this year.
[DatePublished] => 2001-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 139232 [Title] => Napocor needs to raise $1B for next year [Summary] => State-run National Power Corp. (Napocor) will have to tap the international debt market to raise $1 billion for its financing requirements for next year, it was disclosed yesterday by Finance Secretary Jose Isidro Camacho.
"They will need to do a lot of transactions," Camacho said, adding the National Government may undertake fund-raising for Napocor.
[DatePublished] => 2001-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
POWER SECTOR RESTRUCTURING LAW
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 141917 [Title] => Napocor likely to get $200-M loan [Summary] => The state-run National Power Corp. (Napocor) could still get the second tranche or $200 of its $600-million Power Sector Reform Loan.
Finance officials said the power company has complied mostly with the conditions set by its creditor, Asian Development Bank (ADB), which is co-financing the loan with Japan Bank for International Cooperation (JBIC).
Debt-saddled Napocor badly needs new loans to finance its capital expenditures as well as pay off several maturing debts this year.
[DatePublished] => 2001-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 139232 [Title] => Napocor needs to raise $1B for next year [Summary] => State-run National Power Corp. (Napocor) will have to tap the international debt market to raise $1 billion for its financing requirements for next year, it was disclosed yesterday by Finance Secretary Jose Isidro Camacho.
"They will need to do a lot of transactions," Camacho said, adding the National Government may undertake fund-raising for Napocor.
[DatePublished] => 2001-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Rocel Felix | November 30, 2001 - 12:00am
By Rocel Felix | November 7, 2001 - 12:00am
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