The Philippine Dealing & Exchange Corporation (PDEx) is launching a new derivative product on Monday, Feb. 3, the first purely Philippine peso-denominated interest rate hedge. On the sidelines of the Financial Executives Institute of the Philippines' inaugural meeting, PDEx President Antonino...
Philippine Dealing & Exchange Corporation (PDEx) is targeting listing P600 billion worth of fixed income securities this year, 50 percent more than last year’s target and 67 percent higher than the P360 billion realized in 2024. In an interview at the sidelines of the Financial Executives...
The Gotianun Group’s investment holding firm Filinvest Development Corporation (FDC) has raised P10 billion from the oversubscribed first tranche of its P32 billion shelf-registered Peso-Denominated Fixed Rate Bonds. In the photo are the executives of Filinvest Development Corporation (FDC), led...
The Securities and Exchange Commission (SEC) exempted the Philippine Stock Exchange (PSE) from the 20 percent cap of ownership so it can acquire full ownership of the Philippine Dealing System Holdings Corporation (PDS Group). In a statement, the SEC said it has approved the application of the PSE...
Alcantara-led Alsons Consolidated Resources Inc., (ACR) was able to maintain its ‘stable outlook’, relative to the P3 billion worth of commercial papers (CP) issuance that the company has resorted to in raising additional funding for its ongoing projects. The positive rating of the company has...
Citicore Energy REIT Corp. has listed at the Philippine Dealing and Exchange Corp. (PDEx) its maiden ASEAN Green Bond offering which raised P4.5 billion for its expansion program. In a disclosure to the Philippine Stock Exchange, the firms aid the offer was oversubscribed, with the P1.5 billion...
Arthaland Corporation, the foremost sustainable real estate developer in the Philippines, has listed its P3 billion ASEAN Green Bonds on the Philippine Dealing and Exchange. The bonds were issued in two tenors – 5 years at 8.0 percent per annum and 7 years at 8.7557 percent per annum...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the planned listing of Aboitiz Equity Ventures’ (AEV) P20 billion fixed-rate retail bonds, which includes oversubscriptions. In a disclosure to the Philippine Stock Exchange, AEV said the 2022 Bonds consist of a base offer in the...
Real estate giant Ayala Land, Inc. (ALI) has raised a total of P33 billion from its largest bond issuance to date and listed these securities at the Philippine Dealing and Exchange Corporation (PDEX). In a disclosure to the Philippine Stock Exchange, the firm said it listed its new fixed-rate bonds...
Real estate giant Ayala Land, Inc. (ALI) has listed its P12-billion fixed-rate bonds due 2028 on the Philippine Dealing & Exchange Corp. (PDEx) after the offering was oversubscribed five times with orders amounting to P60 billion. This 6-year bond is the biggest bond issuance of ALI in the past...
Yuchengco-led Rizal Commercial Banking Corporation has successfully listed its P14.76 billion Series E ASEAN Sustainability Bonds due 2024 on the Philippine Dealing and Exchange Corporation. Carrying a coupon of 3.00 percent per annum, the bonds saw strong demand from investors which resulted in an...
Hybrid rice seeds producer-SL Agritech Corp. (SLAC) has raised nearly P2 billion through another commercial paper issuance as the company gears for local and overseas expansion. On Wednesday, Dec. 20, SLAC formally listed its P1.86 billion worth of short-term commercial papers at the country’s...