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Prospect News home > News index > List of issuers E > Headlines for Energy Development Corp. > News item
Published on 3/21/2013 in the Prospect News Emerging Markets Daily.

Philippines' Energy Development board OKs up to PHP 7 billion bonds

By Marisa Wong

Madison, Wis., March 21 - Energy Development Corp. said its board of directors approved at a meeting held on March 20 the issuance of up to PHP 7 billion of seven-year and 10-year fixed-rate bonds.

The company announced earlier this month that it planned to issue PHP 5 billion of bonds in two tranches via BDO Capital & Investment Corp. as issue manager and bookrunner.

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


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