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Published on 9/26/2016 in the Prospect News Emerging Markets Daily.

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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