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Philippines upsizes global peso-denominated debt offering
By Christine Van Dusen
Atlanta, Aug. 25 - The Philippines has increased the size of its planned global peso-denominated debt offering to $1 billion equivalent from $500 million equivalent, a market source said Wednesday.
The sovereign also has shortlisted Citigroup, HSBC and UBS for a debt exchange of five- to nine-year dollar-denominated bonds for 10-, 20- and 25-year bonds, the source said.
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