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Published on 12/1/2009 in the Prospect News Emerging Markets Daily.

Philippines' Petron plans to issue up to PHP 5 billion in preferreds

By Devika Patel

Knoxville, Tenn., Dec. 1 - Petron Corp. said it plans to raise PHP 5 billion by issuing 60 million preferred shares.

Petron is an oil company based in Makati City, the Philippines.


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