The funds will be used to refinance existing loans and fund other corporate purposes.
The Securities and Exchange Commission (SEC) has approved the public offering by Del Monte Philippines Inc. (DMPI) of fixed-rate bonds worth up to P7.5 billion, subject to the company’s compliance with certain remaining requirements.ALSO READ: BONDSPLDT Raises $10 Billion in Bond Sale ...
Investing in bonds is like loaning your money to big corporations, which, in turn, promise to pay you interest every year for a certain period.
Every year, more than 20 publicly listed companies raise money from the public by issuing bonds to finance their capital expansion and debt repayments.The outlook for lower interest rates caused by declining inflation in the past months has encouraged big companies to ...
Rizal Commercial Banking Corporation (RCBC) has announced a three-year fixed rate peso bond offering at an interest rate of 4.426% per annum. According to the bank, the issuance will be the third drawdown off of its P100 billion Bond and Commercial Paper (BCP) ...
Philippine Savings Bank, or PSBank, is hoping to raise at least P3 billion in Peso Fixed Rate Bonds from July 1 to 17, 2019. The two-year bond is priced at 5.6 percent per annum with interest payments made every quarter and full ...
The company will issue the first tranche of the bonds worth P3 billion.
The Securities and Exchange Commission (SEC) has approved Aboitiz Equity Ventures, Inc. (AEV)'s planned public offering of fixed-rate bonds amounting to P30 billion under shelf registration.AEV intends to initially issue the first tranche of the bonds worth as much as P3 billion, ...
We use cookies to ensure you get the best experience on Esquiremag.ph. By continued use, you agree to our privacy policy and accept our use of such cookies. Find out more here.