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Philippines’ Petron plans to offer PHP 20 billion fixed-rate bonds
By Marisa Wong
Morgantown, W.Va., Aug. 28 – Petron Corp. plans to issue PHP 20 billion of fixed-rate bonds, according to a notice.
The company had registered to issue a total of PHP 40 billion of bonds and sold PHP 20 billion of bonds in October 2016, as previously announced.
Petron is an oil company controlled by conglomerate San Miguel Corp. Both companies are based in Mandaluyong City, Philippines.
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