AboitizPower Files Application with SEC for Issuance of Second Tranche Bonds

Aboitiz Power Corp. (AboitizPower, PSE: AP) has filed an application with the Securities and Exchange Commission (SEC) to issue the second tranche of its PhP30 billion Debt Securities Program, registered with the SEC under its shelf registration program on 19 June 2017. The Second Tranche Bonds, equivalent to PhP10 billion and with an oversubscription option […]
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MPIC Inks Syndicated Term Loan Facility

On 11 January 2018, Metro Pacific Investments Corp. (MPIC, PSE: MPI) signed a PhP8 billion 10-year and 15-year syndicated term loan facility. Proceeds of which will be used by MPIC to partially finance the redemption of the outstanding debt obligations of Beacon Electric Asset Holdings Inc., a wholly-owned subsidiary of MPIC, and for other general […]
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BDO, Investment Bank Unit Bag Top Awards

BDO Unibank Inc. (PSE: BDO) is the “best” local bank in the Philippines while its subsidiary BDO Capital and Investment Corp. is at the top of the country’s investment banking segment, according to Hong Kong-based The Asset Magazine. In the recently concluded The Asset Triple A Country Awards 2013 held in Hong Kong, BDO—the country’s biggest bank—was named […]
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PLDT Offers Debut SEC-Registered Bonds

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) (NYSE: PHI) Philippine Long Distance Telephone Company (PLDT), the leading telecommunications service provider in the Philippines, has received approval from the Securities and Exchange Commission (SEC) to sell bonds with a base offer size of PhP10 billion, with an option for oversubscription of up to PhP5 billion. This will be […]
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San Miguel Lists PhP80B Preferred Shares

Mandaluyong—(PHStocks)—Diversifying conglomerate San Miguel Corp. (PSE: SMC) has listed PhP80 billion worth of preferred shares, the country’s biggest to date, at the Philippine Stock Exchange Inc. (PSE). The landmark capital-raising activity successfully attracted retail as well as institutional investors seeking higher yields in low-interest environment. “Our presence today points to our company’s commitments as an […]
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