MPTC lists ₱20-B bond issue to fund major expressway projects
Metro Pacific Tollways Corp. (MPTC) on Tuesday listed its first-ever bond issuance on the Philippine Dealing & Exchange Corp. (PDEx), raising P20 billion for expressway projects and new investments. The offer was more than three times oversubscribed from its P15-billion base size, MPTC said. The issuance consisted of three fixed-rate tranches: a 3-year Series A…