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Del Monte Pacific Ltd. said it is pricing its $90 million, three-year unrated bond at a coupon rate of 3.75 percent, paid semi-annually.
The company said the notes will also be sold to foreign investor, except those located in the United States.
They will be sold at a discount, giving investors an initial yield of 4 percent.
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Credit Suisse served as sole global coordinator with Union Bank of the Philippines acting as domestic lead manager.
The notes will be listed at the Singapore Exchange Securities Trading Limited.
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