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San Miguel Looks at Raising $1 Billion This Year

2015-10-13 07:55:16| Beverages - Topix.net

San Miguel Corp., the Philippines' largest company, is considering raising as much as $1 billion by selling local currency preferred shares and using the proceeds to repay dollar debt as it seeks to trim its foreign liabilities amid a weaker peso. Ramon Ang said in an interview late Monday.

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