Century Properties Group Marks Sixth PDEx Listing After Oversubscribed ₱5 Billion Bond Issue
Century Properties Group Inc. (CPG) celebrated its sixth listing at the Philippine Dealing & Exchange Corp. (PDEx) on February 20, 2026, following the successful and oversubscribed issuance of ₱5.0 billion in fixed-rate bonds.
Originally targeting ₱3.0 billion, the property developer fully exercised its ₱2.0 billion oversubscription option, reflecting strong investor appetite for its latest retail bond offering.
Competitive Rates and Dual-Tranche Structure
The issuance consists of two tranches: four-year Series D Fixed Rate Bonds due 2030 with a coupon rate of 6.508% per annum, and seven-year Series E Fixed Rate Bonds due 2033 offering 7.628% per annum.
According to CPG President and CEO Marco R. Antonio, the robust demand underscores market confidence in the company’s long-term strategy and execution capabilities, even amid evolving economic conditions.
Funding Growth Across Key Segments
Proceeds from the bond issuance will support CPG’s expansion pipeline across its residential platforms.
Through its affordable housing subsidiary, Phirst Park Homes Inc. (PPHI), the group plans to launch up to nine projects this year, representing an estimated ₱30 billion in sales value.
Meanwhile, Century Limitless Corp. (CLC) recently completed the third condominium tower within its Azure North development in San Fernando, Pampanga, and is preparing to launch a ₱10 billion project in General Trias this quarter.
These initiatives align with CPG’s strategy of maintaining a diversified portfolio spanning affordable housing and premium residential developments, positioning the company to capture demand across multiple market segments.
Strong Institutional Backing
The bond transaction was led by China Bank Capital Corporation as Sole Issue Manager. It also acted as Joint Lead Underwriter and Bookrunner alongside PNB Capital and Investment Corporation, while Land Bank of the Philippines served as a Selling Agent.
The successful issuance and PDEx listing further strengthen CPG’s access to capital markets, reinforcing its funding flexibility as it advances its nationwide development pipeline.
With sustained investor support and an active project rollout, Century Properties Group continues to solidify its presence in the Philippine real estate sector while enhancing its long-term growth trajectory.
