Philippines’ Megaworld buys back $200 million of 5 3/8% perpetuals

By Marisa Wong

Los Angeles, April 8 – Megaworld Corp. made on-market purchases of all $200 million of its outstanding 5 3/8% senior perpetual securities, according to a Philippine Stock Exchange announcement.

The notes were purchased through a wholly owned subsidiary between Jan. 30 and Feb. 2.

All of the notes were canceled on April 1.

Megaworld is a Makati City, Philippines-based real estate development company.

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