Megawide gets SEC approval for P5-b bonds

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The Securities and Exchange Commission said Wednesday it approved the P5-billion bond offering of construction and engineering firm Megawide Construction Corp.

Megawide said it would use the proceeds from the fund-raising activity to refinance debt and fund business development opportunities and other general purposes. Philratings considered Megawide’s solid experience in the construction industry, and its along with vertically integrated operations, that are seen to complement the government’s infrastructure projects.

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MlaStandard /  🏆 20. in PH

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