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Century Properties sets 5 7524% rate for P3-B bond - BusinessWorld Online

Century Properties sets 5 7524% rate for P3-B bond - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Century Properties targeting to raise ₧3B from bond offer

Property developer Century Properties Group Inc. (CPG) has started to offer its P3-billion debt papers to the public, proceeds of which will be used to fund its capital expenditures for its horizontal projects. The company said it has set the rate for its five-year fixed rate bond at 5.7524 percent…

CPG sets rate for P3-B bonds

Century Properties Group, Inc. has set the rate for its 5-year fixed rate bond at 5.7524 percent per annum prior to a public offering that aims to raise up to P3 billion. “We are happy with the strong capital markets condition allowing us to price the issuance at the tighter end of the range of ou

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