SEC News Service Series of 2014 October 16, 2014

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 InstitutionSecurities and Exchange Commission
Source URLhttp://www.sec.gov.ph/aboutsec/SEC%20News/SEC_News_101614.pdf
Page Count25
Place of PublicationMandaluyong City
Original Publication DateOctober 16, 2014
Tags Newsletter