MANILA, Philippines — Aboitiz Power Corp. is issuing up to P12 billion in fixed rate bonds in the middle of October. AboitizPower intends to list the bonds with the Philippine Dealing & Exchange Corp. (PDEx). AboitizPower engaged BDO Capital & Investment Corp. and First Metro Investment Corp. as joint issue managers. BDO Capital, First Metro, China Bank Capital Corp., SB Capital Investment Corp., and PNB Capital & Investment Corp. serve as joint lead underwriters. AboitizPower obtained the highest credit rating of PRS Aaa for its planned P12-billion fixed-rate bond offering from local credit watcher Philippine Rating Services Corp. (PhilRatings).

Source: Philippine Star September 30, 2019 17:15 UTC