Aboitiz Power to issue P7- B worth of bonds 0 SHARES Share it! Share TweetBy Myrna M. VelascoListed firm Aboitiz Power Corporation will be issuing next month the third tranche of its peso-denominated fixed rate retail bonds worth P7.0 billion with provision for an oversubscription of P5.0 billion. The targeted bond issuance is part of the P30-billion fixed rate bonds that are under its shelf registration with the Securities and Exchange Commission (SEC). The Aboitiz firm had engaged BDO Capital & Investment Corporation and First Metro Investment Corporation (FMIC) as joint issue managers; while BDO Capital, FMIC, China Bank Capital Corporation, SB Capital & Investment Corporation and PNB Capital & Investment Corporation as joint bookrunners and joint lead underwriters. The Aboitiz firm issued last year the Series B and C of its fixed rate bonds that are due on 2024 and 2028, respectively.

Source: Manila Bulletin September 30, 2019 14:03 UTC