MAYNILAD Water Services Inc. (Maynilad) said Friday that it had received a permit to sell from the Securities and Exchange Commission for a peso-denominated blue bond offering of up to P15 billion.
The company is looking to sell fixed-rate blue bonds — called so as the proceeds will be used to fund marine- and ocean-based projects — with an aggregate base principal of up to P12 billion and an oversubscription option of up to P3 billion.
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