July 23 (Reuters) - ABS CBN Corp ABS.PS :
* CURRENTLY IN TALKS WITH CREDITOR BANKS ON LONG-TERM DEBTS
* UPDATES ON DENIAL OF APPLICATION OF CO TO MAINTAIN RADIO
AND
TELEVISION BROADCASTING STATIONS IN PHILIPPINES.
* CONFIDENT ANY PAYMENTS OR FINANCIAL OBLIGATIONS THAT MAY
ARISE
UNDER CUSTOMARY OR USUAL BUSINESS AGREEMENTS ARE MANAGEABLE
* CONFIDENT ANY PAYMENTS OR FINANCIAL OBLIGATIONS WILL NOT
HAVE A
MATERIAL ADVERSE IMPACT ON CO AT THIS TIME
* RESOLUTION TO DENY SIGNIFICANTLY AFFECTS CO'S MEDIA,
NETWORKS, &
STUDIO ENTERTAINMENT OPERATIONS, SPECIFICALLY FREE-TO-AIR
BUSINESS IN PHILIPPINES
Source text for Eikon: ID:nPSX3l8B0q
Further company coverage: ABS.PS