Phoenix Petroleum to issue $300-M bonds

By Jordeene B. Lagare

Mar 01, 2019 12:08 am

PHOENIX Petroleum Philippines Inc. said on Thursday that it would issue dollar-denominated perpetual bonds worth up to $300 million.

In a disclosure, the listed independent oil company reported that its board of directors had approved the issuance of these bonds, which shall be listed on the Singapore Exchange Ltd.

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