(Bloomberg) -- The Asian Development Bank, funded by
governments to promote growth in the region, will sell 5 billion
Philippine pesos ($108 million) in five-year bonds to help fund
its ordinary operations, according to a document obtained from one
of the arrangers.
First Metro Investment Corp., the investment banking unit of
the Philippines' largest lender, and Standard Chartered Plc are
arranging the sale and will collect orders for the notes today and
tomorrow, according to the term sheet. The bank will price the
bonds after 5 p.m. tomorrow in Manila, according to the document.
Read more at Bloomberg Bonds News
governments to promote growth in the region, will sell 5 billion
Philippine pesos ($108 million) in five-year bonds to help fund
its ordinary operations, according to a document obtained from one
of the arrangers.
First Metro Investment Corp., the investment banking unit of
the Philippines' largest lender, and Standard Chartered Plc are
arranging the sale and will collect orders for the notes today and
tomorrow, according to the term sheet. The bank will price the
bonds after 5 p.m. tomorrow in Manila, according to the document.
Read more at Bloomberg Bonds News
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