First Pacific unit raises $400M in 10-year bonds
By Doris C. DumlaoA unit of Hong Kong-based First Pacific Co. Ltd. led by businessman Manuel V. Pangilinan has raised $400 million from the group’s inaugural 10-year international bond offering.
A unit of Hong Kong-based First Pacific Co. Ltd. led by businessman Manuel V. Pangilinan has raised $400 million from the group’s inaugural 10-year international bond offering.
A unit of Hong Kong-based First Pacific Co. Ltd. led by Manuel V. Pangilinan has raised $400 million through the group’s maiden 10-year international bond offering.
Singapore—Hong Kong’s First Pacific Co. Ltd. is investing an additional P73.2 billion in the Philippines in the form of its subsidiaries’ capital expenditures, mainly covering the expansion of the local unit’s public utility businesses.
Businessman Manuel V. Pangilinan plans to expand the consortium undertaking gas exploration at Recto Bank, which both the Philippines and China claim, to “internationalize” and “depoliticize” the concession area while boosting the financial and technological muscle for the project.
Regional conglomerate First Pacific Co. Ltd., led by Manuel V. Pangilinan, plans to acquire three new mining projects, two of which are in the Philippines, as part of its ambition to grow its mining business into a medium-sized gold producer globally with annual gold output of one million ounces.
HONG KONG—The only thing most people can’t imagine Manuel V. Pangilinan doing is sitting at home, enjoying the pleasures of retirement. But preparing for retirement is exactly what the businessman, philanthropist and avid sports patron Pangilinan is doing. First Pacific Co. Ltd., the Hong Kong-based holding company that Pangilinan founded in 1981, celebrates its 30th [...]
