The company has priced a US$300 million bond deal through its Singapore-based arm, Jollibee Worldwide Pte. Ltd. (JWPL), with a 5-year maturity and a fixed interest rate of 5.332 percent, paid semi-annually.
The bonds—set to be officially issued on April 2, 2025—will be listed on the Singapore Exchange, even without a credit rating, a move that didn’t stop investors from rushing in.
Demand hit over $2 billion, or about seven times the offer size, with major participation from global fund managers, insurers, and Philippine institutions.
Jollibee is also the first Philippine company to access the global bond market in 2025, showing that investors still trust its growth story—even after pandemic-era headwinds and international expansion costs.
The proceeds will be used for general corporate purposes or refinancing, giving Jollibee more flexibility to manage costs as it targets continued growth across Asia, North America, and Europe.
