PH to pitch panda bonds, ‘Build Build Build’ in China

Economic managers will promote a planned panda bond issuance and investment prospects in the Philippines during a “non-deal” roadshow in China starting today, the Finance department said.

In a statement, Finance Secretary Carlos Dominguez 3rd said the Philippine delegation would be drumming up interest in the $200-million debt offering, tentatively scheduled to be launched during the fourth quarter “depending on market conditions.”