STI Education Services Group Inc. (STI ESG), operator of listed parent firm STI Education Systems Holdings Inc. (STI), is seeking to raise P5 billion from a series of bond issuances to finance its expansion plans.

In a disclosure to the Philippine Stock Exchange on Thursday, STI said it filed a registration statement with the Securities and Exchange Commission (SEC) on Tuesday, applying for P5-billion worth of fixed rate bond issues under shelf registration.

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