IPO-bound Maynilad Water Services Inc. is planning to expand its operations in Mega Manila, including the Harbor City reclamation area in Pasay, as well as in Bulacan and Cavite. During the firm’s initial public offering roadshow for domestic market players, Maynilad stated that it is looking to...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc. (GT Capital), has cut short the offer period for its ₱2-billion maiden bond issuance due to strong demand. Originally set to run from Oct. 6 to 13, 2025, the offer period...
Razon-led International Container Terminal Services Inc. (ICTSI), through its subsidiaries, will invest over $130 million in Subic Bay International Terminals after securing fresh extensions to its concession agreements, allowing the global port operator to manage the facilities until 2058. ICTSI...
Metro Pacific Tollways Corp. (MPTC), a unit of Manuel V. Pangilinan-led conglomerate Metro Pacific Investments Corp. (MPIC), is planning to use proceeds from its ₱20-billion bond offering to fund three tollway projects and refinance existing obligations. "This bond issuance aims to bolster...
Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc., is raising ₱2 billion through its maiden bond public offering. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital said TFSPH will use the proceeds to further...
Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
The United States Embassy in Manila announced that its social media platforms will not be updated with the federal government’s partial shutdown, although it assured that the passport and visa services will continue. This announcement was made in a recent post on X (formerly Twitter) by the...
Despite the currently adverse market conditions, Maynilad Water Services Inc. is looking forward to a successful initial public offering (IPO) as it has already secured the commitment of cornerstone investors, although at a lower ceiling price. “The market is bad, but we are putting in a very...
Maynilad Water Services Inc. has been granted the first Philippine Green Equity label by the Securities and Exchange Commission (SEC) based on the new guidelines the regulator issued to further promote sustainable finance. The grant makes Maynilad’s planned initial public offering (IPO) more...
Visayas and Mindanao (VisMin) property developer Cebu Landmasters Inc. (CLI) is planning to raise up to ₱5 billion from the issuance of sustainability-linked bonds as the third and final tranche of its three-year shelf registration program of up to ₱15 billion. Philippine Ratings Services...
Maynilad Water Services Inc. may have to woo more cornerstone investors for its ₱45.8-billion initial public offering (IPO) as the prospective $245 million from the World Bank Group ’s (WBG) International Finance Corp. (IFC) and the Manila-based Asian Development Bank (ADB) is a strong vote...
West Zone concessionaire Maynilad Water Services, Inc. has officially commissioned its Cupang Water Reclamation Facility (WRF) in Muntinlupa City, which is now treating wastewater from Barangays Alabang, Cupang, and Bayanan. Located in Brgy. Cupang, the facility has a treatment capacity of 46...
