By Marisa Wong
Los Angeles, Oct. 15 – 8990 Holdings, Inc. said it issued PHP 1.3 billion of 4.05% two-year enrolled corporate notes.
BDO Capital & Investment Corp. acted as issue manager, placing agent and bookrunner.
These notes are exempt from Philippine Securities and Exchange Commission registration but will be enrolled with Philippine Dealing & Exchange Corp. and traded through the PDEX Trading System.
Proceeds will be primarily used to partially finance the payment of existing debt.
8990 is a property developer based in Makati City, Philippines.
| Issuer: | 8990 Holdings, Inc.
|
| Issue: | Enrolled corporate notes
|
| Amount: | PHP 1.3 billion
|
| Maturity: | Oct. 14, 2022
|
| Bookrunner: | BDO Capital & Investment Corp.
|
| Coupon: | 4.05%
|
| Issue date: | Oct. 14
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
