JG Summit begins non-deal roadshow

The Philippines conglomerate tests the water for a potential bond transaction.

JG Summit Holdings began a non-deal roadshow in Manila yesterday, managed by Credit Suisse and Deutsche Bank. The roadshow is heading to Hong Kong today and Singapore tomorrow. The company, one of the PhilippinesÆ largest conglomerates, will test investment sentiment to potentially price a high-yield bond to refinance its 2008 bonds maturing in June.

The company, rated B by Standard and PoorÆs, priced a $300 million bond in January 2006 via sole-lead Credit Suisse.

ôThe company is under no pressure...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: jg | summit | credit suisse | deutsche bank

Print Edition

FinanceAsia Print Edition