AES closes refinancing deal
By Amy R. RemoAES Philippines, the local unit of US power giant AES Corp., has refinanced $500 million worth of non-recourse debt facility in an effort to increase its financial flexibility.
AES Philippines, the local unit of US power giant AES Corp., has refinanced $500 million worth of non-recourse debt facility in an effort to increase its financial flexibility.

AES Philippines, the local unit of US power giant AES Corp., has refinanced $500 million worth of debt in a bid to increase the company’s financial flexibility.
Smart Communications Inc. is refinancing P5.5 billion worth of loans to take advantage of the low-interest-rate environment.