The offer includes a base of 6 million preferred shares at P1,000 each and an oversubscription option of 2 million shares.
Proceeds will go to refinancing of debt and funding growth initiatives across FDC’s core sectors through the end of 2026.
“We are positioning Filinvest for the next phase of sustainable growth by strengthening our capital structure and enhancing financial flexibility,” said FDC president and CEO Rhoda A. Huang.
“This preferred share offering supports our objective to deepen investments in sectors where we have strong competitive advantages and long-term value creation potential,” she added.
FDC’s portfolio includes banking (EastWest Bank), real estate (Filinvest Land and Filinvest Alabang), power (FDC Utilities), hospitality (Crimson Hotels and Quest Hotels), and sugar (Pacific Sugar Holdings).
BPI Capital is the sole issue manager, while BDO Capital, China Bank Capital, Land Bank of the Philippines, and Security Bank Capital are joint lead underwriters and bookrunners.
