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Prospect News home > News index > List of issuers E > Headlines for Energy Development Corp. > News item
Published on 3/5/2013 in the Prospect News Emerging Markets Daily.

Philippines' Energy Development plans to offer PHP 5 billion of bonds

By Marisa Wong

Madison, Wis., March 5 - Energy Development Corp. has proposed to issue PHP 5 billion of bonds with an up to PHP 2 billion oversubscription option, according to a letter delivered to the Philippine Stock Exchange, Inc.

Philippine Rating Services Corp. has assigned a rating of PRS Aaa to the planned offering.

Pasig City, Philippines-based Energy Development specializes in geothermal energy.


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