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Philippines’ Century Properties to offer up to PHP 3 billion bonds
By Marisa Wong
Los Angeles, Dec. 17 – Century Properties Group Inc. has established an up to PHP 6 billion debt securities program, according to a 17-C filing with the Philippine Securities and Exchange Commission.
The company plans to offer an initial tranche of five-year fixed-rate retail bonds in the amount of PHP 2 billion with an oversubscription option of up to PHP 1 billion.
Century Properties is a Makati City, Philippines-based real estate company.
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