A Brown Co. seeks ₱5 billion in first bond sale for expansion

A Brown Co. seeks ₱5 billion in first bond sale for expansion

A Brown Co. Inc. is seeking to raise as much as ₱5 billion through its first-ever bond issuance to accelerate a pivot into renewable energy and broaden its real estate portfolio.A Brown, a developer known for its extensive footprint in Mindanao, filed a registration statement with the Securities and Exchange Commission (SEC) for a ₱12 billion shelf program.The initial tranche consists of ₱3 billion in fixed-rate bonds, with an oversubscription o…