First Gen to use dollar deal to fire up plants

By Frances J. Yoon
27 Sep 2013

First Gen Corporation has mandated banks for its first dollar bond as the company looks to increase its investments in power plants.

The Philippine owner of renewable energy assets has appointed Deutsche Bank, HSBC and JP Morgan to arrange investor meetings that kicked off on September 24 in Manila, and went to Hong Kong and Singapore, according to a banker on the deal.

The issuer is seeking to print a ...

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