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Philippines’ Aboitiz Power subsidiary proposes PHP 4.1 billion debt
By Marisa Wong
Morgantown, W.Va., Sept. 26 – Aboitiz Power Corp.’s subsidiary, Hedcor Sibulan Inc., is proposing a PHP 4.1 billion debt issuance, according to a news release.
Philippine Ratings Services Corp. has assigned a credit rating of Aa plus to the planned debt.
The power generation company is based in Taguig City, Philippines.
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