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Published on 8/26/2020 in the Prospect News Emerging Markets Daily.

Philippines’ 8990 Holdings plans up to PHP 9 billion fixed-rate notes

By Marisa Wong

Los Angeles, Aug. 26 – 8990 Holdings, Inc. said it plans to issue up to PHP 5 billion of fixed-rate notes with an up to PHP 4 billion oversubscription option.

BDO Capital & Investment Corp. is the lead arranger and bookrunner for the planned notes. RCBC Capital Corp. is co-arranger.

8990 is a property developer based in Makati City, Philippines.


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