NHMFC completes P319-M BALAI Bonds issuance – Manila Bulletin
The transaction consists of one tranche of Senior Notes and one tranche of Subordinated Notes. Photo credit: https://www.facebook.com/NHMFC. The Class A Senior Notes are worth P150.0 million and shall be amortized using the Controlled Amortization method with a pre-defined amortization schedule during the Controlled Amortization Period. The Class B Subordinated Notes are worth P169.322 million, and will be amortized after all Senior Notes have been settled, with variable interest payable quarterly. Philippine Rating Services Corporation (PhilRatings) said it has affirmed the Conditional Credi...
Source: mb.com.ph