East Asia Pacific Central Banks Reinvest Asian Bond Funds

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—A group of East Asia Pacific central banks is closing its US-dollar denominated bond fund and transferring the investment to a local-currency bond fund in order to enhance local-currency bond market development in the region. The Executives’ Meeting of East Asia Pacific (EMEAP) central banks, a group of 11 central bank […]
Continue reading…

 

Carmen Copper to Offer US$ Denominated Fixed-rate Notes

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) is pleased to announce that its wholly-owned subsidiary Carmen Copper Corp. (CCC), which operates the Toledo copper mine in the province of Cebu intends to issue, subject to market conditions, US Dollar denominated fixed-rate notes with a tenor of five (5) years and five (5) days. The net proceeds […]
Continue reading…

 

Sun Life Completes Offering of Subordinated Unsecured Debentures

Toronto–(PHStocks)–Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) has announced the successful completion of the public offering in Canada of $800 million principal amount of Series 2012-1 Subordinated Unsecured 4.38% Fixed/Floating Debentures due 2022 (the “Series 2012-1 Debentures”). The Series 2012-1 Debentures were sold under a pricing supplement dated February 28, 2012, issued pursuant to […]
Continue reading…

 

Sun Life to Offer Subordinated Unsecured Debentures

Toronto–(PHStocks)–Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) intends to issue in C$800 million principal amount of Series 2012-1 Subordinated Unsecured 4.38% Fixed/Floating Debentures due 2022 (the “Series 2012-1 Debentures”). The offering is expected to close on March 2, 2012, and the proceeds will be used for general corporate purposes, which may include investments in […]
Continue reading…

 

San Miguel Brewery Receives Aaa Issue Rating for PhP20B Proposed Bond Issuance

Mandaluyong–(PHStocks)–Philippine Rating Services Corp. (PhilRatings) has  assigned a PRS Aaa issue rating for San Miguel Brewery Inc.‘s (PSE: SMB) proposed bond issuance of up to PhP20 billion. The bonds will have a minimum tenor of five years up to a maximum of ten years. The proceeds from the proposed bonds will be used to refinance […]
Continue reading…

 

San Miguel Brewery Posts 17% Net Income Growth

Mandaluyong–(PHStocks)–San Miguel Brewery Inc. (PSE: SMB), the brewery unit of San Miguel Corporation (PSE: SMC), has announced full-year audited 2011 consolidated sales net sales revenue of PhP71.9 billion, up 6.3% from the previous year, driven by increases in sales volume, for both domestic and international operations, and higher selling prices. With the company’s thrust on besting previous year’s sales […]
Continue reading…

 

San Miguel Brewery Bares Consent Solicitation Results

Mandaluyong–(PHStocks)–San Miguel Brewery Inc. (PSE: SMB), the brewery unit of San Miguel Corporation, confirmed that the trustee to its PhP38.8 billion bonds (Bonds), Bank of the Philippine Islands-Asset Management and Trust Group (Trustee), has certified that record bondholders representing or accounting for 76.92% of the aggregate principal amount of the Bonds have consented to the […]
Continue reading…

 

BDO Successfully Prices $300 Million Senior Notes

Makati–(PHStocks)–BDO Unibank Inc. (PSE: BDO) successfully priced a $300 million 5-year Fixed Rate Senior Notes due 2017 yesterday, 7 February. The Senior Notes will have a coupon of 4.5% and a yield of 4.625% per annum. “We are delighted with the outcome. The orders for our issue built up rapidly and we decided to close the books […]
Continue reading…