BPI Debuts $600M Senior Notes

The Bank of the Philippine Islands (PSE: BPI) successfully raised $600 million 5-year Senior Unsecured Fixed Rate Reg S Notes with a coupon of 4.25% under its US$2 billion Medium Term Note Program. The Notes issuance marks the first in BPI’s 167-year history and the largest ever debut issuance for a bank in the Philippines. […]
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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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Robinsons Land Obtains PSE Board Approval for PhP20B SRO

Robinsons Land Corp. (PSE: RLC) has obtained the approval of the board of directors of the Philippine Stock Exchange Inc. (PSE: PSE) to raise up to PhP20 billion through a stocks right offer (SRO). The said approval was secured on January 10, 2018, while the Securities and Exchange Commission’s (SEC) confirmation of exempt transaction covering […]
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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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Filinvest Land Issuing PhP5B to PhP7B Worth of Bonds

Manila—(PHStocks)—Filinvest Land Inc. (PSE: FLI) will be offering PhP5 billion fixed-rate retail bonds, with an oversubscription option of PhP2 billion. The bonds will have a tenor of 7 to 10 years. The bonds will be issued in minimum denominations of PhP50,000 and increments of PhP10,000 thereafter. Tentative offer period of the bonds is this month. The […]
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SMIC Sets Rates for PhP10B Retail Bonds

Pasay–(PHStocks)—SM Investments Corporation (SMIC, PSE: SM) today set the interest rates for its Peso-denominated Series C, 7-year retail bonds at 6.0% p.a., and its Series D, 10-year retail bonds at 6.9442% p.a. SM will issue an aggregate principal amount of PhP10 billion of the Series C and Series D bonds, with an option to issue an additional amount of up to PhP5 […]
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