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PNB eyes $300 million in return to offshore debt market

Lucio Tan-led Philippine National Bank is looking to return to the offshore debt market this year to raise at least $300 million from the issuance of dollar bonds......»»

Category: financeSource: philstar philstarMay 28th, 2024

Metrobank eyes return to offshore debt market

Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

BPI raises $400 million from offshore debt market

Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Navigating Unsecured Debt Relief: A Comprehensive Guide

In the realm of financial management, unsecured debt stands out as a common challenge for many. Unlike secured debts, which are tied to assets like homes or cars, unsecured debts include credit card balances, personal loans, and medical bills. These can accumulate quickly, often overwhelming individuals. This article aims to explore debt relief options specifically […] The post Navigating Unsecured Debt Relief: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 25th, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

How does LTG derive income from PNB when PNB hasn’t declared dividends?

I’m not an accountant, this is a massive generalization, and there are a lot of edge cases, but the answer is that the financial statements of subsidiary companies are consolidated at the parent company level......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Metrobank raises record $1 billion from international bond market

Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BPI eyes return to debt markets in 1st half

Bank of the Philippine Islands is looking to tap the local and foreign debt markets within the first half of the year to raise funds to refinance its maturing obligations and beef up its lending portfolio......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Foreign debt reaches all-time high in 2023

The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Gov’t debt slightly drops to P14.93T

The national government’s total debt dropped to P14.93 trillion as of the end of March, down 1.67 percent from the previous month’s P15.12 trillion. This was because more money was repaid for domestic government loans than was borrowed. The Bureau of Treasury reported that 31.14 percent of the debt is from outside the country, while.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

'Will not leave any stone unturned to repay this debt of affection': PM Modi in J-K

Srinagar (Jammu and Kashmir) [India], March 7 (ANI): Prime Minister Narendra Modi on Thursday extended gratitude to the people of Jammu and Kashmir for the affection he has received and said that he will not leave any stone unturned to repay this debt of affection. "Modi will not leave any stone unturned to repay this debt of affection. I am doing all this hard work to win your hearts and I believe that I am on the right.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Market still not conducive for IPO

PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

PPPs eyed for offshore wind farms in ports

The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

Attorney General says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

P16 million shabu, over 300 persons nabbed in simultaneous police operations in Central Visayas

P16 million shabu, over 300 persons nabbed in simultaneous police operations in Central Visayas.....»»

Category: newsSource:  sunstarRelated NewsMay 18th, 2024

Metrobank raises $1 billion on international debt market

Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Murder case filed vs 5 tagged in slay of Lapu market collector

LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024