Filinvest Development Corporation’s Fixed Rate Bonds Due 2026
FDC is one of the Philippines’ leading conglomerates and focuses on the “middle market” segment of the Philippine economy, which it believes is underserved and has continuing high growth potential. It is ranked among the top 10 Philippine listed conglomerates in terms of asset size, which amounted to PHP713.1 billion as of September 30, 2023.
For more information on FDC, visit https://www.filinvestgroup.com/.
Terms of the Offer
| Issuer | Filinvest Development Corporation (“FDC”) | |||||||
| Issue | Fixed Rate Bonds constituting the direct, absolute, unconditional, unsubordinated, and unsecured obligations of FDC | |||||||
| Issue Amount | Up to ₱7,000,000,000.00 with an oversubscription option of up to ₱3,000,000,000.00 | |||||||
| Tenor and Final Interest Rate | 2.5 Years: 6.3206% per annum | |||||||
| Interest Payment | Quarterly | |||||||
| Bond Rating | PRS Aaa with a Stable Outlook by PhilRatings | |||||||
| Offer Period | January 25-31, 2024 | |||||||
| Issue Date | February 7, 2024 | |||||||
| Listing | Philippine Dealing and Exchange Corporation (“PDEx”) | |||||||
| First Metro’s Role | Joint Lead Underwriter and Bookrunner | |||||||
Final Prospectus
Investors are strongly advised to carefully read the contents of the Final Prospectus, together with the financial statements attached thereto.
Contact Details
Any questions related to the Bond Offering may be directed to the following representatives.
Kendrix Garcia
Email Address: kendrix.garcia@firstmetro.com.ph
Vienna Perol
Email Address: vienna.perol@firstmetro.com.ph