Philippines’ D&L Industries eyes up to PHP 3 billion fixed-rate bonds

By Marisa Wong

Los Angeles, March 16 – D&L Industries, Inc. plans to issue up to PHP 3 billion of fixed-rate bonds, according to a company announcement.

The public offering will include an oversubscription option of up to PHP 2 billion.

The bonds are subject to regulatory and shareholder approval.

The chemical company is based in Quezon City, Philippines.

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