Philippine companies seen raising up to $8.25B via bonds in 2023 - BusinessWorld Online

📆 30/01/2023 05:27:00
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Philippine companies are expected to generate up to P450 billion ($8.25 billion) through bond issuance this year to fund expansion and repay debt, the country’s bond market operator said on Monday. READ:

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“Domestic investment liquidity is alive and well,” Antonino Nakpil, president and chief executive officer of the Philippine Dealing & Exchange Corp , told reporters. Companies tapped the bond market to raise a record P508 billion last year, more than double the P213 billion in 2021, PDEX data showed.

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