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Business > Top Business
Govt to borrow anew from abroad
By Eireene Jairee Gomez
Jan 10, 2023 12:26 am

Fitch, Moody's assign investment-grade ratings to proposed dollar bond offering

THE Marcos government on Monday announced a return to the international debt market via a multiyear benchmark dollar bond offering, the proceeds of which will be used to finance its budget.

The bonds will come in 5.5-, 10.5- and 25-year tenors, the last comprising green or sustainability bonds, with respective maturities of July 17, 2028, July 17, 2033 and Jan. 17, 2048.

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