The peso fixed-rate retail bonds, available in 5, 7, and 10-year tenors, received a PRS Aaa rating from the Philippine Rating Services Corporation, reflecting top-tier quality and minimal risk.
“The impressive response to FLI's fixed-rate retail bond offering totaling P12 billion reflects investor confidence in our company's prospects. We are grateful for our investors' consistent trust in FLI,” said Tristan Las Marias, FLI president and CEO.
Listed on the Philippine Dealing and Exchange Corp. (PDEx) on March 12, the issuance marks the second tranche of FLI’s 2023 bond shelf-registration.
The strong market response underscores investor confidence in FLI’s long-term growth prospects.
FLI tapped BDO Capital, BPI Capital, China Bank Capital, EastWest Bank, First Metro Investment, Land Bank, RCBC Capital, and SB Capital as joint managers, with Metrobank Trust Banking Group serving as trustee.
