A new issuer from the Philippines

The Philippines National Oil Corporation(PNOC) issues a request for proposals (RFP).

Banks have been asked to submit proposals for a $200 million 10-year deal for government-owned PNOC, the parent company of PNOC-EDC, which is also about to launch a $150 million syndicated loan.

Submissions are due by December 5 and the company is said to be targeting a launch date in January in order to re-finance a syndicated loan, which falls due early next year. The transaction will be backed by a full sovereign credit guarantee and if it...

To continue reading, please login or register for free

Click for more on: issuer | philippines

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...