AC Energy to Raise $400 M From Issuance of Green Bonds – EQ Mag Pro
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Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term.
In a media statement, the Ayala firm emphasized that the green bonds had been priced at 4.0-percent and the issuance was “more than five times oversubscribed.”
Source: mb
