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Prospect News home > News index > List of issuers P > Headlines for Phoenix Petroleum Philippines, Inc. > News item
Published on 11/8/2012 in the Prospect News Emerging Markets Daily.

Phoenix Petroleum Philippines plans PHP 2.5 billion five-year notes

By Marisa Wong

Madison, Wis., Nov. 8 - Phoenix Petroleum Philippines, Inc. said its board of directors approved the issuance of up to PHP 2.5 billion of five-year fixed-rate notes.

The notes facility will be jointly arranged by Penta Capital Investments Corp. and China Banking Corp.

The oil company is based in Davao City, Philippines.


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