|
|
Article: PHILIPPINES FLI GETS SEC NOD FOR US$105 MLN BOND FLOAT.
- Article from:
- AsiaPulse News
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MANILA, Nov 9 Asia Pulse - Philippines' Filinvest Land, Inc. (FLI) announced on Friday that the Securities and Exchange Commission (SEC) has approved its issuance and sale of P5 billion (US$105.3 million) worth of retail bonds.
FLI, in its disclosure to the Philippine Stock Exchange (PSE), said that the SEC issued its a Certificate of Permit to Offer Securities for Sale for its P5 billion fixed rate bonds last Nov. 6.
FLI is offering P5 billion worth of fixed-rate three- year and five-year bonds.
The bonds will be issued in minimum denominations of P50,000 each, and in integral multiples of P10,000 thereafter, and are intended to be listed in ...