MANILA, Sept. 8 (PNA) — Listed firm Aboitiz Power Corporation sets secondary market trading for its seven-year and 12-year bonds.
In a disclosure to the Philippine Stock Exchange (PSE) Monday, AboitizPower said the Philippine Dealing Exchange Corporation (PDEx) has approved the company’s listing for its seven-year and 12-year bonds effective Wednesday (September 10).
“The PDEx approval paves the way for the secondary market trading of the bonds,” AboitizPower said.
AboitizPower added that the seven-year bonds has a fixed interest rate of 5.205 percent per annum with maturity period on 2021.
On the other hand, the 12-year bonds has a fixed rate of 6.10 percent with maturity period on 2026. (PNA)