Initially set to run until July 10, 2024, the offer period was cut short, ending on July 5, 2024, it said in a statement.
DoubleDragon — along with RCBC Capital Corporation, Unicapital Inc., and the Development Bank of the Philippines (DBP) as joint lead underwriters, joint issue managers, and bookrunners — made the announcement following the high volume of orders.
DoubleDragon, which has not issued a peso retail bond in over five years, expressed gratitude for the robust support from investors.
The corporation assured the public that another tranche of retail bonds would be offered soon to accommodate further interest.
The company said the retail bond market's positive response reflects investor confidence in DoubleDragon's expansion plans both within the Philippines and internationally.
