Category: Philippines

SMC Global expects PHP60 billion from bond offer

SMC Global Power Holdings Corporation has announced plans to raise approximately PHP60 billion from a bond offer in the Philippines. The company has received board approval for the sale of shelf-registered fixed rate retail...

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Aboitiz to sell tower assets in the Philippines

Aboitiz InfraCapital Incorporated will sell its telecommunication tower assets in the Philippines and explore leaseback opportunities in addition to constructing new common towers during 2022.   Aboitiz is inviting telecom...

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Ayala to sell its rail and energy assets

Philippines-based Ayala Corporation has announced plans to sell its remaining stake in the Light Railway Transit (LRT) Line 1, its thermal energy businesses, passive investments of AC Ventures, and non-core assets by 2023. This...

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