Affordable housing developer Haus Talk Inc. (HTI) has raised ₱1.8 billion from its fixed-rate bond issuance, upsized from its base offer of ₱1 billion, although its oversubscription option of another ₱1 billion was not fully taken up. Following this, the firm listed the bonds at Philippine...
Rockwell Land Corp., the Lopez Group’s upscale property developer, has successfully raised ₱10 billion from the first tranche of its ₱20-billion bonds under the shelf-registered program of the Securities and Exchange Commission (SEC). In a disclosure to the Philippine Stock Exchange (PSE) on...
San Miguel Global Power Holdings Corp. won approval from the Securities and Exchange (SEC) Commission to raise as much as ₱30 billion through a bond offering to refinance its debt and bankroll the expansion of its renewable energy portfolio. The regulator’s en banc commissioners rendered the...
Citicore Energy REIT Corp. (CREIT) secured a high-grade issuer credit rating from Philippine Rating Services Corp. due to its robust financial position amid aggressive expansion of its green asset portfolio. PhilRatings assigned an issuer credit rating of PRS Aa plus (corp.) to the Philippines’...
Filinvest Land Inc., the real estate arm of the Gotianun family’s conglomerate, received the highest possible credit rating from Philippine Rating Services Corp. (PhilRatings) for its planned ₱11.57 billion bond offering. PhilRatings said the property developer was assigned a PRS Aaa rating...
San Miguel Global Power Holdings Corp. (SMGP) has secured the highest possible credit rating for its planned ₱30 billion bond issuance, as the energy giant leverages recovery in earnings and massive expansion pipeline to bolster its financial standing. Philippine Rating Services Corp....
Aboitiz Equity Ventures Inc., the investment vehicle of one of the Philippines ' oldest business dynasties, retained its top-tier credit rating as robust cash flow from its energy and banking units offsets an uptick in borrowing for acquisitions. Philippine Rating Services Corp. kept its PRS...
Rockwell Land Corp., the high-end real estate developer controlled by the Lopez family, plans to raise as much as ₱10 billion through a bond offering to finance capital spending and its acquisition of a majority stake in the Alabang Town Center mall. In a disclosure to the Philippine Stock...
SMC Tollways Corp., the infrastructure arm of San Miguel Corp., reduced its interest-bearing debt through the end of 2024 as rising vehicle traffic across its network of expressways boosted cash flow and fortified its balance sheet. The company’s interest-bearing debt fell 6.1 percent to ₱52.3...
Philippine Bank of Communications (PBCom), the lender controlled by retail tycoon Lucio Co, is pivoting toward aggressive expansion of its low-cost deposit base to sustain momentum following its upgrade to a universal banking license. PBCom, which recently celebrated its 85th anniversary, is...
Niche residential developer Haus Talk Inc. plans to raise as much as ₱2 billion through its debut bond offering to finance land acquisitions and accelerate the construction of housing projects. In a disclosure to the Philippine Stock Exchange, Haus Talk said the company will offer ₱1 billion in...
The Securities and Exchange Commission (SEC) has approved the planned ₱5-billion sustainability-linked bond offering of Cebu Landmasters Inc., representing the third and last tranche of securities registered under its shelf registration of ₱15-billion debt securities program. In a disclosure to...
