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Our innovation and marketing initiatives, to build relevance through product differentiation, address consumer trends and expand distribution in key growth areas, especially in the United States are beginning to pay off,' said Joselito Campos Jr, managing director and CE) of DMPL.
CE has built-up for DMPL XI and DRMP II's senior notes to 11.
which is, in turn, a wholly owned subsidiary of DMPL.
to the company in the amount of US$350 million," DMPL told the Commission.
It provides DMPL with direct access to the US market, while also giving it the chance to unlock meaningful synergies.
The prepayment of such loan(s) will allow the DMPL group to deleverage and strengthen its balance sheet,' DMPL said.
In a disclosure to the Philippine Stock Exchange, DMPL said the Group generated sales of US$2.
The dividend rate on the preferred shares will increase if DMPL does not redeem these securities on the fifth year.
DMPL said the purchase price "was established through an auction process and negotiations between the parties.
5 million for the first semester in its fiscal year 2018, DMPL reported to the Philippine Stock Exchange on Wednesday.
The Reference Price is the theoretical ex-rights price calculated on Pricing Date having regard to the gross proceeds to be raised and the Volume-Weighted Average Price of an ordinary share of DMPL for trades on the PSE and the Singapore Exchange Securities Trading Limited, for a period of five market days prior to and including the Pricing Date," DMPL explained.
The bridge loan will be refinanced over the second half of this year through a rights offer, preferred shares (issuance), and a medium term loan of $100 million," said DMPL chief operating office Luis Alejandro earlier.
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