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4 months ago
BRIEF-STI Education Systems clarifies Businessworld Online article
March 10, 2017 / 6:43 AM / 4 months ago

BRIEF-STI Education Systems clarifies Businessworld Online article

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March 10 (Reuters) - Sti Education Systems Holdings Inc

* Refers to news article “SEC approves shelf offerings of Megaworld, STI” posted in Businessworld Online

* Confirms that Sti Esg will initially issue series 7y bonds due 2024 and series 10y bonds due 2027 with a cumulative face value of 3 billion pesos

* Proceeds of first tranche of debt securities program have been earmarked for expansion of co's campuses, refinancing of short term loans Source text for Eikon: Further company coverage:

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