Wednesday , October 21 2020
Home / Business / Puregold plans ₱12-B corporate notes issue

Puregold plans ₱12-B corporate notes issue

Retailer Puregold Price Club, Inc. is planning a ₱12-billion Corporate Notes issuance “as an opportunistic strategy to raise long-term money at low interest rates.

” In a disclosure to the Philip-pine Stock Exchange, the firm said its Board of Directors has already approved the planned issuance. “

The proceeds will be deployed for growth initiatives and to accelerate business expansion by opening more Puregold and S&R stores in strategic areas in order to continue to provide basic goods and essential products in those markets,” Puregold said.

Credit belongs to :


Google’s war on all fronts over media, competition and tax

Californian internet giant Google faces a growing list of battles around the world, from tussles …