MANILA (AFX-ASIA) – Manila Electric Co plans to issue US$200 million worth of bonds in the international market to help refinance this year’s maturing debts worth more than 11 billion pesos, the company’s treasurer Rafael Andrada said. (US$1=56 peso). The debt papers will have a seven-year maturity. Meralco officials, however, said the power firm would…
PHILIPPINES: Meralco planning 7-year US$200-million bond issue
Posted on February 3, 2004 by EnergyAsia