Financing 2006
Day 1 Friday 13 October 2006 - Prior to this, sabi ng Presidente eh bilisan natin. Position ng bosing ko, hindi kaya. Hush hush kaya mai-commit ang international lawyer. Kaya naman nung araw ng nag-mandate, sabi ng abogado, hindi ko kaya ng isang linggo pero mapilit ang DOF. Ako naman eh nanahimik lang. First time eh, sabi nga ng President eh may birth pains.Pero nag-commit ang bosing ko na kayang magreview ng proposals in 4 hours. Tama naman yung array namin. In terms of all-in cost, mababa naman talaga yung number 1 and number 2. Tama din yung evaluation ni Didith pero obvious na yung ibang parameters eh dun sa araw din lang naisip.
Ano ang di effective:
(1) Dapat kilala ka ng bangko
(2) Dapat daw yung execution time eh maikli.
Day 2 Saturday - Maaga yata ako sa NPC kasi they scheduled a due diligence that day. Kaya lang, di pa handa yung bangko. Wala pang joint proposal.
Day 3 Sunday - Due Diligence of NPC. Okay, full force. Wala pa rin joint proposal.
Day 4 Monday - Di ko na maalala kung ano ang nangyari this day. Pero alam ko, wala pa ring joint proposal,
Day 5 Tuesday - Lumabas ang first draft ng OC. Conference call with NPC. Dumating ang joint proposal with higher rates than selected proposals for shorter execution time. Didith cancelled the call for banks to review their joint proposal. Finance due diligence call. Requested NPC Legal to prepare clearance draft, which will be on hold pending nego of PSALM Legal with the banks. Mali nga lang title, nakalagay eh 750.
Day 6 Wednesday - Update call. Okay na yung joint proposal. Pero dahil late na sila nagbigay ng joint proposal, hindi na rin natuloy yung launch na gustong mangyari ni Didth. Hindi pa rin okay ang docs. Hindi pa tapos ang OC.
Day 7 Thursday - Wala pa ring nangyayari.
Day 8 Friday - Malaking issue yung certification from COA na di ko alam eh hinihingi pala. In the past eh non-issue ito. Si Joslyn ang salarin dito. Review of F pages.
Day 9 Saturday - Draft 4 ng OC.
Day 10 Sunday - Update call on the legal docs.
posted by JD @ 11:35 PM
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