8 months AEV to raise P30B from retail bonds Manilatimes |Biz
ABOITIZ Equity Ventures Inc. (AEV) is planning to raise P30 billion from the fixed-rate peso-denominated retail bonds it will release this year. In a disclosure on Wednesday, the listed conglomerate told the Philippine Stock Exchange its board of directors approved the issuance during a meeting that day. It will be issued in one or more tranches and subject to the approval of the Securities and Exchange Commission, it added. The bonds would be registered under a shelf registration program and listed on the Philippine Dealing Exchange this year. Details on the offer price, tenors, and other terms and conditions are ... more