HDMF eyes P12-B private bond placement
State-owned Home Development Mutual Fund (HDMF) prefers to privately place around P12 billion in bonds currently instead of undertaking a public offering of the debt paper, National Treasurer Robert Tan said.
HDMF, popularly known as the Pag-IBIG Fund, may forego a public sale of the bond “to simplify the process”, said Tan. A private placement usually [...]
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