ACEN Corp to issue up to P5.5-B in corporate guarantees

MANILA, Philippines  —Ayala-led ACEN Corp. will issue up to P5.5 billion (AU$150 million) in corporate guarantees to support the development of the renewable energy projects of its Australian unit. In a stock exchange filing on Tuesday, ACEN said it had executed facility arrangements with ACEN Australia Pty Ltd., as well as Australia and New Zealand
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