EDC prices punchy $300 million 10-year bond

Energy Development Corp last night priced a $300 million 10-year bond at a yield of 6.5%, after attracting more than $1.1 billion of demand.

Energy Development Corp (EDC), the largest geothermal energy producer in the Philippines, last night priced its $300 million 10-year bond. The Reg-S deal gathered more than $1.1 billion of demand, split over 86 orders.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media