DoubleDragon Corporation’s retail bond offering exceeded expectations, leading to full subscriptions well before the scheduled deadline.
In a disclosure to the Philippine Stock Exchange, DoubleDragon said the offer period, originally planned to conclude on July 10, 2024, was closed earlier on July 5, 2024, due to a substantial number of orders received.
DoubleDragon, in partnership with RCBC Capital Corporation, Unicapital Inc., and the Development Bank of the Philippines (DBP), expressed their appreciation for the strong support received from investors.
The company also stated that a subsequent series of retail bonds will soon be available to accommodate the continued interest.