PLDT gears up for bond issue

Roadshows for the telco''s cash tender and bond offering are expected to start at the beginning of next week.

Jackie Horne

April 11, 2002

Under the joint lead management of Credit Suisse First Boston and Morgan Stanley, the Ba3/BB- credit is currently putting the finishing touches to its critical de-leveraging exercise, with international presentations now expected to kick off at the beginning of next week, most likely starting in Singapore on Monday followed by Hong Kong on Tuesday.

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