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Philippines' Megaworld talks proposed $200 million seven-year notes at 6 7/8% area yield
By Christine Van Dusen
Atlanta, April 8 - Philippines-based Megaworld Corp. set price talk for its $200 million offering of seven-year notes at the 6 7/8% area, a market source said.
UBS is the bookrunner for the Regulation S notes, which include a change-of-control put at 101%.
Proceeds will be used for refinancing, capital expenditures, working capital and general corporate purposes.
Megaworld is a real estate company based in Makati City, Philippines.
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