FDC to tap capital markets

FDC to tap capital markets

FDC and FLI president Josephine Gotianun-Yap. INQUIRER file photo Gotianun family-led conglomerate Filinvest Development Corp. (FDC) plans to return to the domestic or offshore bond market and is also considering to widen its public ownership to boost stock trading liquidity as well as funds for expansion. Proceeds from a potential peso- or US dollar-denominated bond […]
FDC to tap capital markets

FDC retires $300M offshore debt

FDC and FLI president Josephine Gotianun-Yap. INQUIRER file photo Gotianun-led conglomerate Filinvest Development Corp. (FDC) has fully retired $300 million worth of offshore debt using excess cash and proceeds from new local borrowings. “Our continued adherence to...