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Philippines to launch offering of dollar-denominated global bonds
By Marisa Wong
Los Angeles, April 27 – The Philippines is planning an offering of dollar-denominated global bonds (Baa2/BBB+/BBB), according to a 424B3 filing with the Securities and Exchange Commission.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC, Goldman Sachs (Asia) LLC, Standard Chartered Bank and UBS AG Hong Kong Branch are the bookrunners.
Proceeds will be used for general purposes, including budgetary support.
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