Manulife Financial Corp. has priced a USD1 billion public offering of senior notes at 100 percent of face value, as the global insurer moves to reinforce its funding base and prepare for upcoming refinancing needs.
The Philippine Charity Sweepstakes Office (PCSO) emerged as the top-performing government-owned and controlled corporation in the Governance Commission for GOCCs (GCG) 2024 performance evaluation, earning the highest score at 100.63% and surpassing major institutions like the Mactan-Cebu International Airport Authority and PAGCOR.
Repower Energy Development Corp. (REDC) has purchased a 95 percent stake in Maramag Hydropower Corp. (MHC), the developer of the proposed 25-MW Pulangi IV hydropower project in Maramag, Bukidnon.