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Philippines’ Megaworld selects banks, sets roadshow for dollar notes
By Rebecca Melvin
New York, July 22 – Megaworld Corp. said it has mandated Citigroup Global Makets Ltd. and Hongkong and Shanghai Banking Corp. Ltd. as joint bookrunners to arrange a series of fixed-income investor calls beginning on Tuesday.
A Regulation S-only dollar-denominated notes offering may follow, subject to market conditions, according to a release.
The proceeds of the notes are intended for general corporate purposes, which may include, among others, financing capital expenditure, land banking and refinancing of loans.
Megaworld is a Makati City, Philippines-based real estate development company.
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