JG Summit ends seven year hiatus with $600m bond

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By Morgan Davis
03 Jul 2020

Philippine conglomerate JG Summit Holdings managed to tackle investor questions and scrutiny into the impact of Covid-19 on its business to make a rare bond market outing for $600m.

The unrated company last visited the dollar market in January 2013, when it sold a $750m 4.375% 2023 note, according to Dealogic. 

Only a few Philippine issuers tap the international debt market, giving transaction from the country some scarcity value with investors. But in June, investors were treated ...

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