AEV Bonds Listed On PDEx

Aboitiz Equity Ventures Inc. (AEV) today announced that it has received approval from the Philippine Dealing and Exchange Corporation (PDEx) to list the third tranche of its P30 billion (bn) peso-denominated fixed-rate retail bonds, equivalent to P10 bn including oversubscriptions (the “Bonds”).

Photo Insert: AEV's celebration marking 25 years of advancing business and communities through its various business units (BUs) on The Philippine Stock Exchange trading floor.

The Bonds will be issued in two series – Series “E” with the fixed interest rate of 3.2977% per annum maturing in 2025, and Series “F” with the fixed interest rate of 4.1018% per annum maturing in 2028. The PDEx approval paves way for the secondary market trading of Bonds.

The company also listed in its disclosure that its outstanding common shares with a par value of P1 5.63 billion shares while its total outstanding debt as of March 31, 2021 amounts to P337.15 billion.

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