7 months Phoenix sets P3.5-B CP issue this week MB |Biz
By Myrna M. Velasco Uy-led firm Phoenix Petroleum Philippines, Inc. is scheduled to carry out this week the second series of its commercial papers (CP) issuance that targets to fetch P3.5 billion and the proceeds of which will be partly funneled to the company’s targeted expansion projects. Source:(https://www.phoenixfuels.ph) The company has tapped the PNB Capital and Investment Corporation as the sole issue manager and lead arranger. The CP issuance commences on July 29 (Monday) at 10 a.m. and will conclude at 5 p.m. on July 31 (Wednesday). The company said it will “offer to the public in the Philippines the ... more