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Published on 1/3/2011 in the Prospect News Emerging Markets Daily.

Philippines taps bookrunners for 25-year peso-denominated notes

By Christine Van Dusen

Atlanta, Jan. 3 - The Republic of the Philippines has mandated Citigroup and HSBC as the bookrunners for a planned 25-year issue of peso-denominated notes, a market source said Monday.

JPMorgan, Credit Suisse, Deutsche Bank and UBS are also involved in the transaction.

The deal could come to market as soon as the Jan. 3 week.


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