Aboitiz switches on US$300m acquisition facility

摘要

ABOITIZ POWER has launched a US$300m five-year facility backing its acquisition of a stake in AC Energy Holdings' thermal platform AA Thermal in the Philippines. Mandated lead arrangers and bookrunners DBS Bank, Mizuho Bank, MUFG and Standard Chartered have fully underwritten the financing, which was signed on April 8 and pre-funded on April 30.