The property giant priced its Series AB bonds due 2030 at 5.9096 percent, Series AC due 2032 at 6.0858 percent, and Series AD due 2035 at 6.2855 percent, the developer said in a stock exchange filing on Wednesday.
The base issue size is P12 billion, with an oversubscription option of up to P5 billion, to be offered from November 3 to 7, 2025.
Proceeds will support the group’s ongoing expansion of malls, residential projects, and integrated developments across the country.
The new issue extends the company’s debt maturity profile to 2035, appealing to investors seeking long-term, stable returns.
BDO Capital and Chinabank Capital are serving as joint issue managers, lead underwriters, and bookrunners for the dela.
They are joined by BPI Capital, EastWest Bank, First Metro Investment, and Security Bank Capital as joint lead underwriters and bookrunners.
—Edited by Miguel R. Camus
