ABS-CBN Corp. made a highly successful debut in the domestic retail bond market, raising a total of P6 billion with a tenor of seven years at 5.335 percent per annum.
“The success of this bond issue is a major achievement for our company, and is a culmination of management’s adoption and efficient execution of key business strategies over the last few years,” said Aldrin Cerrado, chief financial officer of ABS-CBN.
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