Pilipino Telephone Corporation (Piltel) is restructuring 98 per cent of its debt in a deal worth $850m (£602.9m

Pilipino Telephone Corporation (Piltel) is restructuring 98 per cent of its debt in a deal worth $850m (£602.9m). Piltel advised by Linklaters & Alliance (Steven Christopher). Creditors advised by Allen & Overy (Alan Rae Smith).