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 » GT Capital Holdings, Inc. lists PhP 12 billion fixed rate bonds due 2019, 2021, and 2024 in the PDEx organized secondary market

GT Capital Holdings, Inc. lists PhP 12 billion fixed rate bonds due 2019, 2021, and 2024 in the PDEx organized secondary market

Posted on: August 7, 2014

GTCAP listing press release photo

Makati Philippines, 07 August 2014 – GT Capital Holdings, Inc. (GTCAP) rang the PDS ceremonial bell a second time for its latest issue, signifying the start of trading of its P12 Billion Fixed Rate Bonds due 2019, 2021, and 2024 on the Philippine Dealing & Exchange Corp. (PDEx) organized secondary market.

With GT Capital’s new bond issuance of PHP 12 Billion, the total listed amount of all its companies and affiliates on PDEx is now PHP 22 Billion, representing 5.0% of the total corporate fixed-income issues in the organized secondary market. These GTCAP bonds likewise received the PRS Aaa Rating, highlighting the positive response from both institutional and retail investors in the market. This led the underwriters to exercise the overallotment option of PhP 2 Billion over the original float of PhP 10 Billion.

GTCAP Bonds Series A bonds maturing in 5 years and 3 months carry an interest rate of 4.7106% per annum. The Series B bonds maturing in 7 years bear a fixed-interest rate of 5.1965% per annum. And, the Series C bonds maturing in 10 years carry a fixed-interest rate of 5.6250% per annum.

This is now the eleventh listing for the year, pushing the record total volume of new listings to PhP 126.8 billion. It also brings the total level of tradable corporate debt instruments to PhP 423.76 billion issued by 26 companies, with 74 securities being traded.

PDEx Chairman and CEO Cesar B. Crisol said in his welcome remarks: “We join hands with GT Capital in ringing the bell again to herald another milestone for the Philippine capital market. This should signal a momentum of sustained growth which is very much different from the periods of boom and bust cycles of the past. Indeed, the fruits of progress that we share today are the results of our synergies as operating units in the Philippine capital market. Like GT Capital’s business strategy, let us also shift to higher gears and maximize our synergies to extend our market reach beyond our immediate region and contribute to the progress of our market and the Philippine economy.”

For his part, GT Capital Co-Vice Chairman Alfred Vy Ty remarked: “We believe that the success of our bond issuances validates the continued confidence of both institutional and individual investors in GT Capital. We thus take this opportunity to express our gratitude to our valued investors for their unwavering support. Furthermore, the PDEx listing of GT Capital’s bonds supports the sustained development of our country’s capital markets, and allows numerous investors nationwide to conveniently and securely trade their bond holdings.”

The event was attended by the Directors and Executives from GT Capital represented by Chairman Francisco C. Sebastian, Co-Vice Chairman Alfred Vy Ty, President Carmelo Maria Luza Bautista, and Senior Vice President Francisco H. Suarez Jr.

Also present were the Issue Participants, including First Metro Investment Corporation President Roberto Juanchito Dispo, BDO Capital & Investment Corporation President Eduardo V. Francisco, BPI Capital Corporation President Dennis Montecillo, China Banking Corporation First Vice President Virgilio Chua, Maybank ATR Kim Eng Capital Partners, Inc. Managing Director Manuel Banayad.#

GT Capital Holdings, Inc. lists PhP 12 billion fixed rate bonds due 2019, 2021, and 2024 FINAL

 

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