| Author: | Irvine, S. |
| Title: | The killer in Manila |
| Journal: | Euromoney
1997 : MAY, 5, p. 48-55 |
| Index terms: | MONEY FINANCE PHILIPPINES |
| Language: | eng |
| Abstract: | Rarely has a deal triggered such animosity: joint lead managers who couldn't bear the bookrunner; unreturned telephone calls; alleged breaches of a gentleman's agreement. That's if you believe the members of the syndicate. But if you believe the bookrunner, the other banks are "squawking" in their own dream world. Amid such squabbling, the $1 billion debut by the central Bank of the Philippines had to be pulled at the last moment -- leaving behind recriminations that will sour the Asian capital markets for years. |
SCIMA