Abstract:
Ayala Corp. dropped its plan to use the proceeds of its preferred-shares sale to augment the company's capital spending, and will channel the money instead to its debt-servicing program.
The company earlier earmarked the proceeds to fund P4 billionworth of projects under AC Infrastructure.
Info
| Source Institution | Securities and Exchange Commission |
| Source URL | http://www.sec.gov.ph/aboutsec/SEC%20News/SEC_News_101614.pdf |
| Page Count | 25 |
| Place of Publication | Mandaluyong City |
| Original Publication Date | October 16, 2014 |
| Tags | Newsletter |