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Doubledragon Corporation (DD) Successfully Enrolls PHP 2.359 billion Worth of Series 3B Notes

Posted:

February 23, 2026

23 February 2026, Makati, Philippines – Philippine Dealing & Exchange Corp. (PDEx) welcomes the return of DoubleDragon Corporation (DD) to the capital market with the issuance of its PHP 2.359 billion Series 3B Notes Due 2030.

Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her remarks commended DoubleDragon’s efforts in its international expansion – “Since its last issuance in September 2025, DD has already signed agreements to develop new Hotel101 branches in Milan, Melbourne, and Hokkaido, respectively. These developments are testament to DD’s consistent growth strategic direction.”

Zulueta also assured that PDS Group continues to fulfill its mandate in providing and improving the capital markets to better serve its participants – “With this, we reaffirm our commitment to ensuring that our market mechanisms in both the primary and secondary markets remain fully equipped to support our issuers in meeting their diverse financing requirements.”

DoubleDragon Corporation’s Chairman and CEO, Edgar Injap Sia II highlighted the company’s expansion plans: “As the overseas projects now continue to build momentum, in the coming years, we expect DoubleDragon Corporation to be one of the largest US-dollar inflow contributor and generator to the Philippine economy.”

Sia also mentioned that this issuance will bring substantial growth to the company: “For this year, DoubleDragon Corporation is poised to again make significant progress in growing its portfolio of assets, both in the Philippines and overseas. And long-term capital raises like this are essential elements towards the set goals of the company, and at the same time enables the investors to earn and participate in fuelling an active and robust economic activities.”

With this sixth admission for 2026, the PDS Group has already recorded a year-to-date total of new listings and enrollments of PHP 208.4 billion. On the other hand, the total level of tradable corporate debt instruments has now reached PHP 1.4 trillion issued by 42 companies, comprised of 167 securities.