MANILA (AFX-ASIA) – State-owned National Power Corp (Napocor) has raised US$250 million in fresh funds via the issuance of 15-year notes guaranteed by the US-based Overseas Private and Investment Corp (OPIC), Energy Secretary Vicente Perez said. The notes were issued by a special purpose vehicle called Philippine Power Trust I, and proceeds of the OPIC-insured…

This article is for Subscriber members only.
Log In Register