Maynilad to sell P15-B of 'Blue Bonds' to fund capex projects ahead of IPO

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Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June.

], disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June. According to Maynilad , this offering is “the first PHP-denominated fixed-rate Blue Bond to be registered with the SEC”.

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