Wednesday, March 12, 2014


MANILA - ABS-CBN Corp has secured a loan from a local insurance company to finance its capital expenditure for this year.

In a disclosure to the Philippine Stock Exchange, the Lopez-owned broadcasting company said it has obtained a P1 billion loan from the Philippine American Life and General Insurance Co (Philamlife). 

The loan has a 10-year term with a fixed interest rate of 5.4 percent per annum. 

"The loan proceeds will be used to partially finance the company's capital expenditure requirements and general working capital purposes," ABS-CBN said. 

ABS-CBN chief financial officer Aldrin M. Cerrado had said the company is allotting P4 billion for its capex this year, the same as last year. 

Of the total capex, P1 billion would be spent on program rights and the remaining P3 billion for the expansion of its pay-TV and digital TV rollout. 

Earlier, ABS-CBN raised P6 billion from the first tranche of its P10 billion in fixed-rate bonds.  The bond has a tenor of seven years and carries a coupon rate of 5.335 percent per annum. 

The Securities and Exchange Commission (SEC) earlier authorized the company to issue up to P10 billion in fixed-rate bonds in one or two tranches.

Part of the proceeds would be used to construct sound stages, which when completed would increase production quality and bring down the cost of location shoots.


Anonymous said...

umutang para pambayad sa utang. LOL

Anonymous said...

ay tanga di marunong bumassa at walng comprehension..tunay na dakilang kapuso ulol mga bobo! hihihi

LubogGME said...

Kapag isa kang KANGUSO, CERTIFIED BOBO ka! Bwahahahaha! Dahil sa mga KANGUSO ang utang ay katulad ng nangungutang ka sa sari-sari store. Ambobo ng comprehension ng mga KANGUSO. Ang ABS-CBN ay UMUUTANG for EXPANSION at MAY KAKAYAHAN silang MAGBAYAD. Di gaya ng GME na hindi umuutang DAHIL WALANG NAGPAPAUTANG dahil maliit lang na kumpanya at WALANG KAKAYAHANG MAGBAYAD kaya nga LUGMOK na sa PUTIKAN ang GME dahil kakapiranggot na AdLoads na lang ang PUMAPASOK sa inyo dahil PATAY na kayo sa RATINGS dahil WALA ng naniniwala sa AGBGME tandem niyo kaya LAGAPAK at LUBOG na sa EBAK ang GME niyo. Bwaahahahahaha

Anonymous said...

yung sa itaas di ng-iisip;pag daw kapuso bobo? e kung sasabihin kung lahat ng kapamilya bobo din-- ay di totoo yn;syempre my bobo na kapus at may bobong ding kapams--yan ang totoo

ikaw ang bobo;you r a moron,barbaric sa pagsasabi mu ng ganyan===ikaw tuloy ang ngmumukhang BOBO

Anonymous said...

Yun nasa taas ko...Ikaw na ang pinaka skewwd to the left of the normal curved..Kung di mo GetZ expected na dahil KAPUSOng UloL ka! HAHAHAHAHA

LubogGME said...

Anonymous said...
yung sa itaas di ng-iisip;pag daw kapuso bobo? e kung sasabihin kung lahat ng kapamilya bobo din-- ay di totoo yn;syempre my bobo na kapus at may bobong ding kapams--yan ang totoo

ikaw ang bobo;you r a moron,barbaric sa pagsasabi mu ng ganyan===ikaw tuloy ang ngmumukhang BOBO
March 21, 2014 at 11:18 AM


Hoy KANGUSONG ULOL, bago ka magalit diyan, ayusin mo muna yang spelling at punctuations mo sa internet! Mas BOBO ka dahil masyadong halata sa pagiging JEJEMON mo! bwahahahahaha!

Anonymous said...

You are not reading, aren't you?

ABS-CBN didn't borrow to pay its debt but rather (please read):

"The loan proceeds will be used to partially finance the company's capital expenditure requirements and general working capital purposes," ABS-CBN said. 

Or you don't you understand English?

I suggest that before you press the comment button make sure that you comprehend what you have just read. You are obviously ignorant and illiterate. You are pathetic.

Anonymous said...

Gago ung ns taas gma is a corporation company billion ang halaga panu naging maliit.nagbenta cla Ng share to improve better.ang abs cbn naggloan ng 1.65 billion s security bank plus 1 billion s philam aber for expansion sabihin ntin pero kasama n dun ang pambayad utang.ikaw ang bobo kapamilya n pang probincyA katulad mo.ulok k gago p.

Hwa Jurong said...

Good Day !!!!!

I am Hwa Jurong, a Reputable, Legitimate & an accredited money
Lender. I loan money out to individuals in need of financial assistance.
Do you have a bad credit or are you in need of money to pay bills?
i want to use this medium to inform you that i render reliable beneficiary
assistance as I'll be glad to offer you a loan at 2% interest rate to
reliable individuals.

Services Rendered include:
*Home Improvement
*Inventor Loans
*Auto Loans
*Debt Consolidation
*Horse Loans
*Line of Credit
*Second Mortgage
*Business Loans
*Personal Loans
*International Loans.
Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail: hwa_jurong@yahoo.com.sg , hwajurong12@gmail.com , contact@hwa-jurong.com ...
Yours Sincerely,

Hwa Jurong(MD).

Anonymous said...

Tanong lang, ano ang mas maganda, ung mangungutang ka sa ibang company na ilalaan mo sa company mo for improvements, rights, etc., o magbebenta ka ng shares mo na anytime pwedeng ipull out ng mga shareholders kapag alam nilang palugi na ang kumpanya?

Anna Barger said...

Hello everyone my name is Anna Barger, am here to testify how i was scammed by various loan lender from this site.I was in need of a loan and i applied from various loan lenders from this very site.They asked me to pay some amount of money at different basis but i never get my loan.This was how i lost the sum of 5000USD .I was now in debt because i borrowed the money from a friend.One day a friend of mine introduce me to Elvin Morrison. He told me how he has helped him with loan at several cases without any delay.I was scared and never believe him.He urge me to trust him,this was how i as introduce to him through his email{ elvinloancompany@yahoo.com }.He told me he will offer me the loan that i only need to comply with them.I did as he told me and without any delay,i received my loan as he earlier promise.
Am here to tell you that most of the loan lenders in this site are scammers. If you truly need a genuine loan please meet Elvin Morrison through his email elvinloancompany@yahoo.com . He is a registered reliable loan lender.

oakleyses said...

christian louboutin uk, nike free, polo outlet, oakley sunglasses, nike free run, longchamp outlet, longchamp pas cher, christian louboutin outlet, oakley sunglasses, burberry pas cher, ugg boots, louis vuitton outlet, longchamp outlet, christian louboutin shoes, nike air max, louboutin pas cher, oakley sunglasses wholesale, michael kors pas cher, longchamp outlet, jordan pas cher, louis vuitton outlet, gucci handbags, ray ban sunglasses, ray ban sunglasses, oakley sunglasses, replica watches, tory burch outlet, louis vuitton, nike roshe, tiffany jewelry, louis vuitton outlet, kate spade outlet, prada handbags, polo ralph lauren outlet online, ray ban sunglasses, nike outlet, nike air max, christian louboutin, air max, prada outlet, louis vuitton, chanel handbags, uggs on sale, polo ralph lauren, replica watches, cheap oakley sunglasses, jordan shoes, ugg boots, tiffany and co

oakleyses said...

replica handbags, coach outlet, uggs outlet, true religion outlet, nike tn, mulberry uk, hollister pas cher, ray ban pas cher, nike free uk, hollister uk, michael kors outlet, timberland pas cher, true religion jeans, michael kors outlet online, nike air max, oakley pas cher, polo lacoste, hogan outlet, converse pas cher, burberry outlet, nike roshe run uk, sac vanessa bruno, coach outlet store online, uggs outlet, michael kors outlet, michael kors, north face, michael kors, nike air max uk, michael kors outlet online, ray ban uk, abercrombie and fitch uk, guess pas cher, sac hermes, lululemon canada, north face uk, nike air max uk, true religion outlet, vans pas cher, michael kors outlet online, nike blazer pas cher, burberry handbags, true religion outlet, nike air force, michael kors outlet online, ralph lauren uk, kate spade, coach purses, michael kors outlet

oakleyses said...

abercrombie and fitch, soccer jerseys, iphone cases, ralph lauren, vans outlet, converse outlet, jimmy choo outlet, mcm handbags, ferragamo shoes, lululemon, wedding dresses, hollister, new balance shoes, reebok outlet, north face outlet, soccer shoes, insanity workout, oakley, longchamp uk, nike air max, gucci, nike trainers uk, herve leger, mont blanc pens, vans, beats by dre, nfl jerseys, giuseppe zanotti outlet, valentino shoes, ray ban, nike air max, hollister clothing, p90x workout, converse, bottega veneta, babyliss, chi flat iron, instyler, hermes belt, louboutin, north face outlet, nike roshe run, baseball bats, nike huaraches, hollister, mac cosmetics, asics running shoes, timberland boots, ghd hair, celine handbags

oakleyses said...

thomas sabo, barbour uk, pandora jewelry, barbour, karen millen uk, ugg uk, canada goose, moncler, canada goose outlet, louis vuitton, ugg,ugg australia,ugg italia, pandora uk, pandora charms, louis vuitton, doudoune moncler, canada goose, louis vuitton, montre pas cher, ugg pas cher, canada goose outlet, marc jacobs, supra shoes, canada goose outlet, moncler, replica watches, canada goose jackets, louis vuitton, links of london, canada goose uk, coach outlet, moncler, juicy couture outlet, lancel, juicy couture outlet, ugg, swarovski crystal, moncler outlet, toms shoes, louis vuitton, moncler outlet, wedding dresses, canada goose, hollister, swarovski, moncler, ugg,uggs,uggs canada, pandora jewelry, moncler uk


My Blog List


Related Posts with Thumbnails