The Philippines curious debt exchange

The Republic concludes a liability management exercise that leaves many market participants baffled.
February 13, 2004

The Republic of the Philippines completed a sovereign debt exchange on Friday, accepting $1.2 billion of bonds tendered and issuing a new $1.3 billion global offering with a seven-year maturity.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media