PSE Circular for Brokers No. 182-00
PSE Circular for Brokers No. 182-00 • Philippine Stock Exchange • Circulars for Brokers • Jan 27, 2000
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January 27, 2000 PSE CIRCULAR FOR BROKERS NO. 182-00 Philippine Stock Exchange, Inc . Disclosure Department Listings and Disclosure Group 4th Floor, Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Attention : Ms . Grace B . de Guia Assistant Manager, Disclosure Dept. Gentlemen: This is to clarify the news item entitled "San Miguel planning to issue debt papers" published in today's issue of Business World. We confirm that the Company is negotiating proposals from lenders who are offering, in light of the current low in interest rates, to lend at favorable interest rates. No final agreements have been reached. Proceeds of such borrowings will be used among others to restructure the company's debt maturity profile with fixed rates of interest. cdll Very truly yours, (SGD.) FERDINAND K. CONSTANTINO Corporate Information Officer
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