Banking & Insurance
Alternergy mandates BDO Capital as lead arranger of P4B bond issue
Alternergy Holdings Corp.said Wednesday its board has mandated BDO Capital & Investment Corp. lead arranger for a green bond issue of up to P4 billion.
Manila Water secures P10B loan from Metrobank
Manila Water Co. Inc., has secured a 10-year P10 billion term loan facility with the Metropolitan Bank and Trust Co. to finance its capital projects this year and next.
OwnBank offers depositors interest savings up to 8% per annum
Cavite-based OwnBank seeks to boost its depositors' money management by extending more rewarding and secure financial solutions.
Japan signs 3 new grant contracts under the GGP scheme
Japan Ambassador to the Philippines Koshikawa Kazuhiko signed three grant contracts under Grant Assistance for Grass-Roots Human Security Projects (GGP) at the Japan Information and Culture Center Hall, Embassy of Japan in Pasay City. The total grant amount of USD 237,390 (approximately P13.27 million) will fund the construction of a one-story four-classroom high school building, provision of an ambulance, and provision of a portable chest X-ray machine.
Treasury cancels Dec. 11, 12 auctions of bills, 15-year bond
The Bureau of the Treasury has cancelled the debt auctions scheduled for next week, a borrowing exercise that was planned to raise a total P30 billion for budget support.
