C05394-2017 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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GNPower-Mariveles Signing of Notes Facility Agreement with Various Banks |
Background/Description of the Disclosure |
Aboitiz Power Corporation (AboitizPower) was advised that GNPower Mariveles Coal Plant Ltd. Co. (GMCP) signed today, August 29, 2017, a Notes Facility Agreement with a consortium of lenders, in the amount of up to US Dollars: Eight Hundred Million (US$800,000,000.00). The noteholders are BDO Unibank, Inc., China Banking Corporation, Land Bank of the Philippines, Security Bank Corporation and Philippine Bank of Communications. BDO Capital & Investment Corporation is acting as sole mandated lead arranger. The proceeds of the notes will be used by GMCP to, among others, refinance its existing loans and for other general corporate purposes. |
Other Relevant Information |
Please see attached. |
Name | Yasmin Ayesha Lee |
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Designation | Jr. Associate General Counsel |