First Gen Corp. expects to conclude the negotiation with foreign firm BG Group for the full ownership of the 1,500-megawatt Sta. Rita and San Lorenzo natural gas-fired power plants within the … [Read more...]
Bank says PH needs more investment-friendly policies
May 9, 2012 by Leave a Comment
Standard Chartered Bank said the Philippines had to implement more policies that would make it easier for firms to invest in infrastructure and other big-ticket projects. The international … [Read more...]
Ayala Corp Prices Maiden 15-Year, PHP10 Billion Bond At 6.875%
May 2, 2012 by Leave a Comment
MANILA –  Ayala Corp. (AC.PH) priced on Friday its maiden 15-year fixed-rate bond at 6.875%. The diversified Philippine investment holding firm is looking to raise PHP10 billion ($236 … [Read more...]
Ayala raising funds via 15-year bond offering
May 2, 2012 by Leave a Comment
Conglomerate Ayala Corp. launched on Friday its public offering of 15-year bonds that were priced to yield 6.875 percent a year. It is the first corporate bond issue of this tenor in the domestic … [Read more...]
SMDC to borrow P4B in fixed-rate notes
March 22, 2012 by Leave a Comment
SM Development Corp. (SMDC), the listed residential condominium builder of billionaire Henry Sy, plans to borrow up to P4 billion, with an oversubscription option, in fixed-rate corporate notes. In … [Read more...]
SMDC to raise P4B from sale of debt papers
March 22, 2012 by Leave a Comment
MANILA, Philippines—Fast-growing residential property developer SM Development Corp. is raising P4 billion for fresh expansion plans from the sale of debt papers to selected institutional … [Read more...]
SMB board approves interest rates for P20 billion bonds
March 14, 2012 by Leave a Comment
San Miguel Brewery Inc. (SMB), a subsidiary of diversified conglomerate San Miguel Corp., said its board approved the interest rates for its P20-billion multi-tranche bond sale targeted by the end of … [Read more...]
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