PSALM pushes plan to sell assets worth P45 billion philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Power Sector Assets and Liabilities Management Corp. (PSALM) said it can raise some P200 billion from its receivables and the sale of power assets, but the amount is still not enough to pay off the remaining debts incurred by the National Power Corp. (NPC). “The estimate of our key remaining assets is about P45
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PSALM targets further debt cut philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
The Power Sector Assets and Liabilities Management Corp. (PSALM) has paid off P54.75 billion worth of debts, interest and other charges in the first half, bringing down its financial obligations to P315.3 billion as of end-June. During the six-month period, PSALM settled P45.85 billion worth of principal debt and Independent…