PSE Circular for Brokers No. 269-99
PSE Circular for Brokers No. 269-99 • Philippine Stock Exchange • Circulars for Brokers • Feb 15, 1999
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February 15, 1999 PSE CIRCULAR FOR BROKERS NO. 269-99 February 12, 1999 MS. RAQUEL P. ANGELES Assistant Disclosure Department Philippine Stock Exchange, Inc. PSE Center Exchange Road Ortigas Center Pasig City Dear Ms. Angeles : With regard to your concern to apprise the member brokers of the Philippine Stock Exchange and the investing public on the total debts of C & P Homes, Inc., we would like to inform you that the consolidated liabilities of C & P Homes, Inc., and its subsidiaries as of October 31, 1998 is P15.5 billion broken down as follows: Short-term bank loans P 6.5 billion Long-term commercial papers 3.0 billion Floating rate notes USD 150 million at P 40/9 6.0 billion Total P 15.5 billion We are updated in all our debt service obligations to date. We hope we have sufficiently addressed your concerns. Sincerely (SGD.) JERRY M. NAVARRETE President
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