Home  ⏵ Pressroom ⏵ News Releases

Post

❮ BACK

Rockwell Land Corporation Returns to PDEx with PHP 10 billion Dual Tenor Fixed Rate Bonds

Posted:

March 18, 2026

18 March 2026, Makati, Philippines – Rockwell Land Corporation (ROCK) returns to the Philippine & Exchange (PDEx) organized secondary market with the issuance of its PHP 10 Billion Dual-Tenor Fixed Rate bonds. Series A, 3-year bond carries a coupon rate of 5.5666% p.a., and Series B, 5-year bond carries a coupon rate of 5.8595% p.a.

Philippine Dealing & Exchange Corp President, Stepanie Marie Zulueta in her welcome remarks commended Rockwell Land- “This is the company’s largest issuance to date, since its last domestic bond listing in 2013.”

Proceeds from the issuance will support Rockwell Land’s capital expenditure requirements for land development and the construction costs of its various existing projects such as its horizontal residential developments, Power Plant Mall Angeles, Rockwell at IPI Center in Cebu, Aruga Mactan Hotel and Rockwell Center Bacolod.

Zulueta also recognized the exemplary performance that PDS has displayed so far this year – “This is PDEx’s eighth (8th) issuance to date.  Around PHP 220 billion in listings and enrollments or reflecting 48.495% of last year’s total volume of PHP 454.18 billion. With this, we reaffirm our commitment to maintaining and providing an efficient capital market to support our issuers in meeting different financing needs.”

Rockwell Land Corporation Chairman and CEO, Nestor Padilla shared the positive market response for their latest issuance – “It’s been 13 years since we’re last in the market.  So, we’re really encouraged by the strong response of our investors, [as she has shared earlier] we were oversubscribed by approximately five times, and we were honored with the very nice PRS triple A rating, reflecting the strong confidence of the market.”

Padilla also reiterates Rockwell Land’s commitment amid ongoing economic crisis – “It’s unfortunate that this is a time marked by so much uncertainty and volatility, but it is precisely these conditions that challenge us to remain focused and committed to our growth. We will continue to find ways to move forward and ensure that we do not lose momentum even in the face of choppy waters.”

This eighth admission for 2026 brings the year-to-date total of new listings and enrollments to PHP 220.259 billion, and the total tradeable corporate debt instruments to PHP 1.4 trillion, issued by 44 companies, comprised of 168 securities.