8990 HOLDINGS TO ISSUE P1.3B DEBT NOTES
- By The Financial District

- Oct 16, 2020
- 1 min read
Listed property firm 8990Holdings, Inc. has announced its issuance of fixed-rate corporate notes in the principal amount of One Billion Three Hundred Million Pesos (PhP1,300,000,000.00) (“Notes”).

These Notes are Philippine Peso-denominated and exempt from SEC registration. The Notes will be enrolled with Philippine Dealing & Exchange Corp (“PDEX”) and traded through the PDEX Trading System.
The Notes shall have a fixed interest rate of 4.0500% per annum, and a maturity date of two (2) years from Issue Date or October 14, 2022.
BDO Capital & Investment Corporation acted as the Sole Issue Manager, Placing Agent, and Sole Bookrunner, in respect of the offer and issuance of the Notes.
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