National Power Corporation, founded in 1939 and headquartered in Quezon City, Philippines, is a key player in the country’s energy sector, primarily responsible for the generation and distribution of electricity. The company offers a range of services including power generation, hydroelectricity production, and energy management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PSALM 9.63% 2028-05-15 USDNational Power Corp | Philippines | 2028-05-15 | 9.625 | 4.07 |
| PSALM 9.63% 2028-05-15 USDNational Power Corp | Philippines | 2028-05-15 | 9.625 | 4.06 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, National Power Corporation has been an active issuer of bonds, beginning in the 1990s to fund its expansion initiatives. Significant issuances include the PHP 12 billion bond in 2020, aimed at refinancing existing obligations, which showcased investor confidence with yields that were competitive compared to the industry average. Currently, the company’s bonds feature options for early redemption, appealing to both conservative and liquidity-focused investors, amidst a backdrop of ongoing discussions regarding energy reform and infrastructure development in the Philippines.