PIONEER hybrid rice producer SL Agritech Corp. (SLAC) has become the Philippines' first private corporation issuer of a social finance instrument with a P2 billion corporate note considered a "sustainable" or "social" financing owing to its socio-economic benefits.
Issuance to be managed and arranged by MIB Capital Corp., the social finance instrument will support SLAC's continuing expansion which has become critical as it pursues Philippines' food security goals.
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