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Philippines' Energy Development taps dealers for $300 million notes
By Christine Van Dusen
Atlanta, Jan. 7 - Philippines' Energy Development Corp. has mandated Deutsche Bank and JPMorgan for a $300 million offering of notes, according to a company announcement Friday.
Proceeds will be used for general corporate purposes, for funding growth projects and for capital expenditures and debt servicing requirements.
Energy Development is power generation and distribution company based in Taguig City, the Philippines.
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