Aboitiz Power Corp. listed P3 billion worth of Series A fixed-rate bonds due 2027 with Philippine Dealing & Exchange Corp. The bonds represent the first tranche of the power company’s P30-billion shelf-registered securities approved by the Securities and Exchange Commission. Aboitiz Power chief financial officer Liza Luv Montelibano led the bell ringing ceremony at PDEx to herald the listing and the start of trading of the AP Series A bonds. “Aboitiz Power continues to be committed to achieving reliable, cost-effective and sustainable power supply. She said Aboitiz Power was driven to push the company’s growth by taking on projects and seizing opportunities.

Source: The Standard July 03, 2017 11:37 UTC