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SEC clears Century Properties bond offering

January 22, 2021 | 7:01 pm Font Size AAA THE Securities and Exchange Commission (SEC) has approved the public offering of Century Properties Group, Inc. of up to P3 billion worth of fixed rate bonds. In a statement on Friday, SEC said it had given the green light to Century Properties’s registration that covers up to P2 billion of three-year bonds due in 2024. The bonds have an oversubscription option of up to P1 billion pesos subject to certain requirements. According to the SEC, the company expects to raise up to P2.94 billion from the offer, as long as the oversubscription option is fully exercised.

SLAC caps listing at PH s bond bourse, raises P2B – Manila Bulletin

Published December 18, 2020, 12:55 PM SL Agritech Corporation (SLAC), the country’s biggest hybrid rice seeds producer, has returned to the local debt market to raise P2 billion, capping this year’s listing at the country’s bond bourse, Philippine Dealing & Exchange Corp. (PDEx). As a result, PDEx President and Chief Operating Officer Nino Nakpil said that despite the COVID-19 pandemic, the total debt issuance at the bond bourse this year still rose to a record of P388 billion, surpassing last year’s total listing of P375 billion.  “This is good momentum for next year,” Nakpil said during the virtual listing ceremony for SLAC’s newest commercial paper issuance worth P1.57 billion.

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