NLEx Operator to Offer Bonds to Fund Future Roadwork
Manila North Tollways Corp. (MNTC), the private operator of the North Luzon Expressway (NLEx), is expected to offer up to PhP7 billion in retail bonds to partly finance the construction of new toll roads in the capital through 2016. Total cost of the roadwork is estimated at PhP30 billion.
Source: Philippine Daily Inquirer