Tag Archives: BCDA

BCDA Readies P2.0 Billion Issue, Gets PRS A Rating

To partly finance its priority projects (e.g. the Subic-Clark-Tarlac Expressway), the Bases Conversion Development Authority (BCDA) intends to issue P2.0 billion worth of bonds, with a fixed coupon rate, over a 5-year term. The bonds will be offered primarily on a private placement basis to qualified investors. Lead underwriter is the Development Bank of the […]

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