The bonds were priced at T+180 and T+195 with a re-offer yield of 2.566% and 3.495%.
With the issuance, the telco has returned to the bond market for the first time in 18 years to refinance debts maturing till next year and partially fund its capex.
Significantly, high quality institutional investors showed strong confidence in PLDT.
The offering was 17 times over-subscribed and the largest orderbook size reached US$10.2 billion.
The order book was allocated predominantly to Asia and the balance to Europe.
https://arthistory.rice.edu/sites/g/files/bxs1181/f/webform/fortnite-free-v-bucks-generator-2020-battlepass.pdf
https://arthistory.rice.edu/sites/g/files/bxs1181/f/webform/fortnite-free-v-bucks-generator-enjoy.pdf
https://arthistory.rice.edu/sites/g/files/bxs1181/f/webform/free-fortnite-v-bucks-generator-unlimited.pdf
https://arthistory.rice.edu/sites/g/files/bxs1181/f/webform/free-v-bucks-generator-access.pdf
No comments:
Post a Comment