MANILA (AFX-ASIA) – The Power Sector Assets and Liabilities Management Corp (PSALM) said it will proceed with a US$500-million bond offering in the third quarter, with a guarantee cover by the Asian Development Bank (ADB) and US-based Overseas Private Investment Corp (OPIC). PSALM, a residual company that will absorb National Power Corp’s liabilities after it…

This article is for Subscriber members only.
Log In Register