Business

Petron Files for Permit to Sell Peso-Denominated Bonds

Petron Corp. (PSE: PCOR) has filed an application with the Securities and Exchange Commission (SEC) for a Permit to Sell peso-denominated fixed rate bonds with an aggregate principal amount of PhP20 billion, to be taken down from the remaining bonds under the shelf registration for peso-denominated fixed rate bonds worth PhP40 billion, the registration statement for which was rendered effective by the SEC on October 12, 2016 through SEC MSRD Order No. 13 (Series of 2016).

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