AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
FirstPac issues $115M in bonds.
(From Philippine Daily Inquirer)
Byline: Abigail L. Ho
HONG KONG-based conglomerate First Pacific Co. Ltd. issued last July 29 $115 million worth of secured bonds through wholly owned subsidiary CAB Holdings Ltd.
The company said in a statement yesterday that the net proceeds of the bond issuance would be used to prepay $103 million of secured debts owed the Hong Kong branch of ING Bank BV, which would fall due in December this year.
The remaining amount would be placed in an escrow bank account that would fund interest payments on the bonds "and may not be used for any other purpose without the consent of the security trustee appointed in respect of the bonds."
The three-year bonds have an interest rate of 8.25 percent per year.
Under the terms of the bond, CAB does not have the right to ...
- Pacific Internet Hong Kong Acquires Services-Based Operator (SBO) Licence.
- Press release article from: PR Newswire May 23, 2007 700+ words
...PRNewswire-FirstCall/ -- Pacific Internet (Hong Kong) Limited, the wholly...critical milestone for Pacific Internet Hong Kong to be a next-generation...India and Thailand. Pacific Internet Hong Kong will bring such quality...
- Cathay Pacific Airways Announces Hong Kong "Super Offer".
- Press release article from: Business Wire November 16, 1997 700+ words
...five nights --Hong Kong shines as premier destination Cathay Pacific Airways Sunday...Philip Chen, Cathay Pacific's deputy managing director. "Hong Kong received the lion...CONTACT: Cathay Pacific Airways, Hong Kong Gus Whitcomb...
- Cathay Pacific Airways announces historic Hong Kong 1997 giveaway; online...
- Press release article from: Business Wire April 1, 1997 700+ words
...First Class tickets to Hong Kong on Cathay Pacific Airways from New York...historic transition. Hong Kong-based Cathay Pacific Airways boasts a worldwide...New York, Cathay Pacific now offers nightly service to Hong Kong from both coasts...
- Cathay Pacific relaunches discount pass to Hong Kong visitors.
- Press release article from: M2 Presswire March 9, 2000 700+ words
...PACIFIC AIRWAYS: Cathay Pacific relaunches discount pass to Hong Kong visitors (C)1994...who purchase a Cathay Pacific "Hong Kong SUPERSTOP" or various...free return tickets to Hong Kong on every Cathay Pacific flight to the new Hong...
- Cathay Pacific Announces Non-Stop New York to Hong Kong Service.
- Press release article from: PR Newswire March 10, 2004 700+ words
...Vancouver, Cathay Pacific will be the only...between New York and Hong Kong. The new service...further enhance Hong Kong as a global hub...flight, Cathay Pacific will operate 72...both New York and Hong Kong offers passengers...travel plans. Cathay Pacific's ...
- Ground broken for Motorola's new Asia Pacific HQ in Hong Kong's Silicon Harbor;...
- Press release article from: PR Newswire August 10, 1988 700+ words
...MOTOROLA'S NEW ASIA PACIFIC HQ IN HONG KONG'S SILICON HARBOR...best while taking Hong Kong and the Asia Pacific electronic industries...because places such as Hong Kong had demonstrated...early 1990s the Asia Pacific region would be a...
- Hong Kong Internet Users Spend Twice as Much Time on Instant Messengers as...
- Press release article from: PR Newswire October 14, 2009 700+ words
...for the Asia-Pacific region. "Although Hong Kong is a smaller Internet...among the Asia-Pacific region as a whole...Internet users in Hong Kong also spent nearly...of minutes in Hong Kong/% of minutes for total Asia Pacific x 100; Index...
- Rainbow Technologies Opens New Asia Pacific Headquarters in Hong Kong; Joins...
- Press release article from: PR Newswire June 12, 2003 700+ words
...opened its Asia Pacific regional headquarters in Hong Kong. The new facility...globally and selecting Hong Kong as the location for our Asia Pacific headquarters shows...business in the Asia Pacific region. The Hong Kong office serves as...