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Philippines’ Puregold seeks up to PHP 12 billion of corporate notes
By Marisa Wong
Los Angeles, Sept. 25 – Puregold Price Club Inc. said it plans to issue up to PHP 12 billion of corporate notes.
The company’s board of directors approved the proposed issuance on Thursday.
China Bank Capital Corp. will act as lead arranger and bookrunner.
Proceeds will be used to open more Puregold and S&R stores.
Based in Manila, Puregold operates wholesale and retail stores, including supermarkets.
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