By Marisa Wong
Morgantown, W.Va., Oct. 16 – Petron Corp. announced it issued PHP 20 billion of bonds through a public offering.
The company sold PHP 13.2 billion of series C bonds and PHP 6.8 billion of series D bonds.
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.
Issuer: | Petron Corp.
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Issue: | Bonds
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Amount: | PHP 20 billion
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Settlement date: | Oct. 12
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Series C bonds
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Amount: | PHP 13.2 billion
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Series D bonds
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Amount: | PHP 6.8 billion
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