Aboitiz Equity Ventures Inc. (AEV) has disclosed plans for a fixed-rate retail bond offer to raise P25 billion to finance infrastructure, transport and utilities-related projects.
The company, in a disclosure to the Philippine Stock Exchange, said the AEV board of directors has approved the P25 billion bond offer, including the oversubscription option, which will be opened to the public in the second half of this year.
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