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Philippines’ Aboitiz second tranche of bonds available through Friday
Chicago, Nov. 19 – Aboitiz Power Corp. held a public offering for a second tranche of peso-denominated fixed-rate bonds (PRS: Aaa) from Monday to Friday, according to a regulatory announcement.
The company was selling PHP 6 billion of bonds with an oversubscription option for an additional PHP 6 billion.
Settlement is expected on Dec. 2.
Joint lead underwriters and joint bookrunners for the offer are BDO Capital & Investment Corp., China Bank Capital Corp., First Metro Investment Corp. and Security Bank Capital Investment Corp.
The power generation company is based in Taguig City, Philippines. It is a subsidiary of Aboitiz Equity Ventures, Inc.
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