Lopez Family Feud Reveals 'Poison Pill' Clause in BDO Loans

A 'poison pill' clause protecting First Gen CEO Piki Lopez has been found in select BDO loan agreements, potentially triggering defaults if he is removed from the company.

17 Apr, 08:32 — 17 Apr, 08:32

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RapplerMostly Factual137d ago

Lopez cousins’ feud: ‘Poison pill’ protecting Piki also in select BDO loans

Removing First Gen CEO Piki Lopez from the company will trigger defaults in the loan agreements of the Lopez group's First Philippine Holdings with BDO Unibank, warns Piki Lopez-led power firm First Gen

By Isagani de Castro Jr.

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Lopez Family Feud Reveals 'Poison Pill' Clause in BDO Loans

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Lopez cousins’ feud: ‘Poison pill’ protecting Piki also in select BDO loans

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