US$365-M corporate notes to fund Maynilad's 5-year water service improvement plan

MAYNILAD Water Services, Inc. has signed a 10-year corporate notes issue worth $365 million with lead underwriters BDO Capital & Investment Corp. and Development Bank of the Philippines. This will partially fund Maynilad's program to rehabilitate the pipe network throughout the West Zone and significantly reduce system losses by 2012. more details >>

P80 M Maynilad pipelines bring water to Malabon barangays

THE water woes of Barangays Concepcion, Ibaba, San Agustin and Tañong in Malabon have finally been solved after Maynilad Water Services Inc. invested P80.36 million in the total replacement of old and leaking pipelines to improve service levels in the area. more details >>

10,000 Pasay City students now enjoy Maynilad water

TEN THOUSAND high school and elementary students in Pasay City now enjoy clean, potable water at the spanking new Pasay City National High School and Villamor Air Base Elementary School. more details >>

NWRB, QC government shut down deepwells in Novaliches and Fairview

IN a campaign to curtail the unregulated extraction by deepwells that causes the rapid decline of groundwater levels, the National Water Resources Board and Quezon City local government shut down several deepwells maintained by a shopping mall in Novaliches and two apartelles in Fairview. more details >>

FCDA for 3rd Quarter 2008

The Metropolitan Waterworks and Sewerage System Board Resolution No. 2008-115 dated June 17, 2008, grants Maynilad Water a Foreign Currency Differential Adjustment (FCDA) for the 3rd Quarter 2008 equivalent to –1.72% of the Average Basic Charge of P23.05 per cubic meter or –P 0.40 per cubic meter. This adjustment takes effect fifteen (15) days after publication. more details >>