Southeast Asia is in need of billions of dollars worth of infrastructure to sustain economic growth. China’s One Belt, One Road initiative may yield the finance needed.
The Bangko Sentral ng Pilpinas (BSP) said it will shift to an interest rate corridor policy soon. CT looks into what this means for treasurers looking for funding.
Del Monte will issue 36 million US dollar-denominated preferred shares at $10 per share to repay debt that it incurred when it acquired US-based Del Monte Foods Corp’s consumer business in 2013.