Manila Water raises $500M from sale of sustainability bonds
Manila Water Co. Inc. has issued $500 million in sustainability bonds, which it described as the single largest green bond issue by a listed private water utility in Asia. The…
SMC raises $500M from overseas perpetual bond sale
An artist’s rendition of SMC’s Bulacan airport project Conglomerate San Miguel Corp. has raised $500 million from an issuance of US dollar-denominated perpetual bonds – its first foray in the…
Treasury: Sale of 5-year RTB breaches P250B in less than 1 week
The Bureau of the Treasury already sold over P250 billion in five-year retail treasury bonds (RTBs) less than a week into its offering, National Treasurer Rosalia V. de Leon said…
RLC raises P13.2B from bond sale
Robinsons Land Corp. (RLC) Gokongwei-led property developer Robinsons Land Corp. has raised P13.2 billion from a new offering of local bonds, taking advantage of the slowdown in local interest rates…
RCBC raises P16B from bond sale
Yuchengco-led Rizal Commercial Banking Corp. has raised P16.6 billion from a new local bond offering which was warmly received by the cash-awash local financial market. The two-year bonds were issued…
At P5,000 each, 5-yr retail treasury bonds for sale starting July 16 via app, online channels
The Bureau of the Treasury will auction off an initial P30 billion in five-year retail treasury bonds (RTBs) on July 16 before making these available to small investors on a…
DA probes online sale of smuggled frozen pigeons from Hong Kong
MANILA, Philippines — The Department of Agriculture (DA) is currently investigating reports of smuggled frozen pigeons from Hong Kong being sold online as illegal traders troop to the digital space…
Dominguez: No asset sale to fund COVID-19 response
Carlos Dominguez III (DOF PHOTO) MANILA, Philippines – President Duterte’s chief economic manager is firm: No government asset will be sold to finance the coronavirus disease 2019 (COVID-19) pandemic response.…
Gotianun: EastWest not for sale
East West Bank vice chair and CEO Antonio Moncupa The Gotianun group has refuted rumors that its banking arm, EastWest Bank, is on the auction block. “Filinvest Development Corp. (FDC)…
PH eyes samurai bond sale in second half
Finance Secretary Carlos G. Dominguez III. Photo courtesy of DOF MANILA, Philippines — The Philippines is looking at selling yen-denominated samurai bonds in the second half, although the bulk of…