Published April 13, 2021, 5:10 PM Leading oil firm Petron Corporation will be tapping the capital market for fresh round of US$550 million worth of senior perpetual securities issuance, the proceeds of which will be used for the company’s settlement of financial obligations falling due and to fund operations as well as programmed projects. Tapped as sole global coordinator has been HSBC; while joint lead managers and joint bookrunners for the issue would be DBS Bank; HSBC; MUFG; SMBC Nikko; Standard Chartered Bank and UBS. The domestic lead managers are BDO Capital & Investment Corporation, China Bank Capital Corporation and PNB Capital and Investment Corporation.