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Published on 1/31/2005 in the Prospect News Emerging Markets Daily.

Philippines Equitable PCI Bank on road for $100 to $150 million three-year bond

By Reshmi Basu

New York, Jan. 31 - Equitable PCI Bank started marketing for its $100 million to $150 million three-year bond offering (Ba2) on Monday in Manila, according to a market source.

Marketing will next stop in Singapore on Tuesday, Hong Kong on Wednesday and finish off in London on Thursday. Pricing will take place after the completion of the show.

JP Morgan and HSBC are running the Regulation S deal.

Equitable PCI, based in Manila, is the third largest domestic bank in the Philippines.


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