TeleGeography Logo

PLDT bond issue raises USD211m

24 Sep 2012

Dow Jones Newswires reports that Filipino carrier Philippine Long Distance Telephone Company (PLDT) has raised PHP8.8 billion (USD211 million) through the issuing of seven-year and ten-year fixed rate bonds to refinance debt. In a stock exchange filing, PLDT added that the monies raised will also be used to reduce financing costs and extend debt maturities. The bond issue was managed by BPI Capital Corp and First Metro Investment Corp.

Philippines, PLDT Inc. (incl. Smart Communications)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.