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Published on 9/24/2012 in the Prospect News Emerging Markets Daily.

Phoenix Petroleum Philippines may issue up to PHP 3 billion of notes

By Marisa Wong

Madison, Wis., Sept. 24 - Phoenix Petroleum Philippines, Inc. is planning up to PHP 3 billion of corporate notes.

Philippine Ratings Services Corp. assigned a rating of Aa- to the possible notes issuance, according to a news release.

The oil company is based in Davao City, Philippines.


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