tower PDS Group
Home | Careers | Contact Us
search

THE COMPLETE CAPITAL MARKET INFRASTRUCTURE

Menusample

Skip to content
  • About PDS Group
    • Company Overview
      • About PDS Group
      • Philippine Dealing & Exchange Corp.
      • Philippine Depository & Trust Corp.
      • Philippine Securities Settlement Corp.
      • PDS Academy for Market Development Corp.
    • Vision
    • Mission
    • Market Symbols
      • The Tower
      • The Ceremonial Bell
    • Organization
      • Governance Philosophy and Architecture
      • Corporate Governance
      • Market Governance
    • Leadership
      • Board of Directors
      • Board of Governors
      • Board of Trustees
      • Internal Officers
    • Shareholder Structure
    • Milestones
  • Products & Services
    • Trading
      • PDS Fixed Income
      • PDS Repo
      • PDS SecLend
    • Listing and Enrollment
      • Securities Admission Program
      • Listing Qualifications
      • Continuing Obligations
      • Issuer List
      • Issuer Disclosures
      • Listed Securities
    • Data
    • Securities Services
      • Depository
      • Registry
      • Sub-Registry
      • Value Management
    • Clearing & Settlement
    • Payment and Transfer
  • Market Data
    • Government Securities
      • Active Securities
        PHP-Denominated
      • Fixed Income Board Summary (PhP Denominated)
      • Time and Sales
        PHP-Denominated
      • Fixed Income Board Summary (Foreign Currency Denominated)
      • Time and Sales
        Foreign Currency-Denominated
      • PDST Rates – Benchmark Tenors
      • PDST-F
      • PDST Rates – Government Securities
      • PHP BVAL Reference Rates – Benchmark Tenors
      • PHP BVAL Rates Government Securities
      • BAP-MART GS Repo Trade Summary
      • BAP-MART GS Repo Time and Sales
    • Corporate Securities
      • Time and Sales
        PHP-Denominated
      • Corporate Securities Board Summary
        PHP-Denominated
    • BSP Securities
      • Time and Sales PHP-Denominated
      • BSP Securities Board Summary PHP-Denominated
      • BSP BVAL – BSP Securities
    • Foreign Exchange Summary
    • Depository
      • Depository – Safekeeping
      • Depository – Name on Central Depository
    • Registry
      • Registry – Recordkeeping
    • Payment and Transfer
      • Payment and Transfer – Currency Transfer Services
      • Payment and Transfer – Payment versus Payment
    • Downloadable Data
      • Fixed Income Reports
      • Repo Reports
      • BAP-MART GS Repo
      • SecLend Reports
      • BSP Securities
        • BSP Securities Board Summary
        • BSP BVAL – BSP Securities
      • Foreign Exchange Reports
      • PDST Guidelines
  • Regulation
    • Market Governance Structure
    • Rules
      • PDEx Rules
      • PDTC Rules
    • Trading Conventions
      • Approved Trading Conventions
      • Trading Conventions for Comments
      • Trading Conventions Submitted for SEC Action
    • Pricing Convention
      • Approved Pricing Conventions
    • Policy Guidance
    • PDEx Guidelines
      • Approved Guidelines
      • Guidelines for Comments
      • Guidelines Submitted for SEC Action
      • Frequently Asked Questions
    • PDTC Guidelines
      • Fixed Income
      • Equities
    • Continuing Education
    • Guidelines in Filing a Complaint
  • Market Community
    • Fixed Income Dealer Members
      • Benefits
      • Apply
    • Fixed Income Broker Members
    • REPO Market Program Members
    • Securities Lending Program Members
      • Benefits
      • Apply
    • Cash Settlement Banks
    • Registry Clients
      • Benefits
      • Apply
    • Depository Participants
    • RTS Participants
  • PDS Academy
  • Press Room
    • News Releases
    • Announcements
    • Publications
      • Annual Report
      • Brochure
      • Fact Sheet
      • FAQ
      • Top Performers
      • Schedule of Settlement Breaks
      • BVAL Methodology
    • Forms
      • Regulatory
      • Registry
      • Depository
      • Membership
  • Regional Links

Quicklinks


  • Trading Hours
  • Issuer List
  • Issuer Disclosures
  • Listed Securities
  • Recent Headlines
  • Announcements
  • Downloadable Data
  • BAP-MART GS REPO

Home » Listing Ceremonies » Aboitiz Power Corporation Lists PHP 10 Billion Series D and E Bonds on PDEx

Aboitiz Power Corporation Lists PHP 10 Billion Series D and E Bonds on PDEx

Posted on: March 22, 2022

AP

AP 03.17.2022

22 March 2022, Makati, Philippines — Aboitiz Power Corporation (AP) returned to the Philippine Dealing & Exchange Corp. for their first issuance for the year, the 3rd and final tranche of their PHP 30 Billion SEC shelf registration. AP’s PHP 10 Billion Series D and E bonds were pegged at 5.3066% and 5.7388%, per annum, respectively, to be paid quarterly.

PDEx President and CEO Antonino A. Nakpil took a little trip down memory lane in his welcome remarks during the listing ceremony on March 17, 2022 as he recalled the beginning of the government-mandated community quarantine. He said: “Today is auspiciously the second-year anniversary of the day when we were all introduced to the terms community quarantine, and when work-from-home transformed into a necessary component of business continuity.”

“But the lockdown chapter is about to end and APC did not miss a beat during this period of transformation and provided that key product to sustain the national business continuity, energy,” emphasized Mr. Nakpil.

AP CFO Liza Luv Montelibano highlighted AboitizPower’s sustainable energy transition journey in the next 10 years. “This deal allows AboitizPower to partially fund future renewable energy projects and the early redemption of the 2018 Series B Bonds. By participating in this deal, you have helped AboitizPower in achieving its goal of growing its Cleanergy portfolio by 3-fold to 4,600 MW. You have also helped the company to achieve a 50:50 balance between its renewable energy and thermal capacities over the next decade,” said Ms. Montelibano as she thanked the AP team, issue participants, and investors alike.

Ms. Montelibano also shared updates on AP’s renewable energy projects. “Last month, we held the groundbreaking of PV Sinag Power. This is a 94 megawatts peak plant located in barangay Cayanga, municipality of Bugallon, Pangasinan. On top of that, we have the 160 megawatts peak Laoag Solar project expected to be issued a notice to proceed this year. And finally, we have an additional 721 megawatts peak of solar and hydro projects under priority development. As you can see, with our ongoing and upcoming projects, mostly focused on renewable energy, we are well on our way to a sustainable energy transition.”

This 7th listing for 2022 brings the year-to-date total of new listings to PHP 152.46 Billion, pushing the total level of tradable corporate debt instruments to PHP 1.41 Trillion issued by 53 companies, comprising of 196 securities.

PDEx Press Release_AP Bonds

Print
  • Link Policy
  • Terms of Use
  • Related Links
  • Sitemap
  • Glossary
All Rights Reserved. Copyright (c) 2022 PDS Group
BEST VIEWED ON MICROSOFT EDGE, OR LATEST VERSION OF GOOGLE CHROME AND MOZILLA FIREFOX