Ayala’s AC Energy launches any-and-all tender offer for 5.65% notes

By Marisa Wong

Los Angeles, Nov. 4 – Ayala Corp.’s energy subsidiary, AC Energy and Infrastructure Inc., has mandated Credit Suisse (Hong Kong) Ltd. as dealer manager for an any-and-all tender offer of its $400 million 5.65% guaranteed undated notes (ISIN: XS2082433736), according to a 17-C filing with the Philippine Securities and Exchange Commission.

There is currently $213,112,000 of the notes outstanding.

The notes were issued by AC Energy’s wholly owned subsidiary, AC Energy Finance International Ltd.

The tender offer will expire at noon ET on Nov. 17.

Ayala is a Makati City, Philippines-based conglomerate.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.