January 04, 2011 | Cbonds
|The Philippines has mandated banks for a global peso bond issue planned for Q1 2011, reports Reuters. The sovereign might come up with up to $1.5bn deal with 15- or 25-year maturity. According to various sources six banks are on the shortlist: Citigroup, Credit Suisse, Deutsche Bank, HSBC, JP Morgan and UBS. |
Philippines raised P44.11bn or $1bn in its debut global peso bond deal (Philippines, 2021, PHP) in September 2010, which was the first global local currency bond issue in from Asia. Citigroup, Deutsche Bank Credit Suisse, Goldman Sachs, HSBC and JP Morgan were bookrunners for the deal.
In total the sovereign borrowed over $7.2bn in international debt markets in 2010.
|Повна назва організації||Republic of the Philippines|