MANILA (AFX-ASIA) – Manila Electric Co will ask its creditors to reschedule short-term debt totalling 6 billion pesos due in July, the Philippine Daily Inquirer reported, citing company president Jesus Francisco. (US$1=51 peso). The company is also scheduled to pay another 5 billion pesos in maturing loans in the last quarter of the year, the…
PHILIPPINES: Meralco seeks rescheduling of maturing 6 billion pesos in debt
Posted on June 26, 2003 by EnergyAsia