
Manila Water Co., Inc., founded in 1997 and based in the Philippines, is a leading water utility company dedicated to providing sustainable water supply and wastewater services to the East Zone of Metro Manila. The company primarily offers water distribution and sewage treatment services, catering to millions of customers and contributing to the overall management of water resources in the region.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MWCPM 4.38% 2030-07-30 USDManila Water Co., Inc. | Philippines | 2030-07-30 | 4.375 | 4.69 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Manila Water has actively engaged in bond issuances since its inception, making a significant mark in the market with its debut issuance in 2004. Notably, the company issued PHP 3 billion in fixed-rate bonds in 2020, aimed at financing its capital expenditure projects. As of now, the company's bonds yield comparably to industry averages, maintaining a robust position with features such as callable options, providing flexibility in financial management. Recent news includes Manila Water’s plans for green bonds to support environmentally sustainable projects, reflecting its commitment to sustainability and growth in the green finance sector.