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Published on 2/17/2016 in the Prospect News Emerging Markets Daily.

Philippines plans to sell dollar-denominated bonds due 2041

By Aleesia Forni

New York, Feb. 17 – The Republic of the Philippines plans to price an offering of dollar-denominated global bonds (Baa2/BBB/BBB-) due 2041, according to a news release.

Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., HSBC, J.P. Morgan Securities LLC, Morgan Stanley, Standard Chartered Bank and UBS AG Hong Kong Branch will act as lead managers.

The settlement date will be March 1.


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