Bloomberg News

Philippines Hires 8 Banks to Sell up to $1.5 Billion of Bonds

December 20, 2011

Dec. 20 (Bloomberg) -- The Philippines hired eight banks to help sell as much as $1.5 billion of debt, Finance Undersecretary Rosalia de Leon said.

Citigroup Inc., Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc., HSBC Holdings Plc, JPMorgan Chase & Co., Standard Chartered Plc and UBS AG will manage the offer, De Leon told reporters today in Manila.

To contact the reporter on this story: Max Estayo in Manila at mestayo@bloomberg.net

To contact the editor responsible for this story: Mike Anderson at manderson34@bloomberg.net


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