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 » 8990 Holdings, Inc. Lists Maiden Bond Issues on the PDEX Organized Secondary Market

8990 Holdings, Inc. Lists Maiden Bond Issues on the PDEX Organized Secondary Market

Posted on: July 20, 2015

Photo Release 8990 Listing
16 July 2015, Makati, City – 8990 Holdings, Inc. joined the Issuer community of the Philippine Dealing & Exchange Corp. (PDEx) organized secondary market, with its maiden listing of PhP 9 Billion HOUSE Fixed Rate Bonds due 2020, 2022, and 2025.

A strong demand for the 8990’s first bond issue was exhibited by the investing community, expanding the initial offer of PHP 5 Billion to a total of PHP 9.0 Billion in face amount.

As a PSE-listed corporation and one of the Philippine’s largest home builders for the masses, 8990 Holdings has expanded its product lines from providing solid, affordable, and accessible housing to developing malls and medium-and-high-rise condominium projects intended for the working class Filipino. Following a similar path, the firm is now also diversifying its sources of long-term financing with these bond issues.

8990 Holdings Chairman Mariano D. Martinez remarked: “In May of 2014 we brought our company public so that the investing public may also share in the fruits of our labor. And now in July 2015, only 14 months from our PSE listing, we have successfully issued our 8990 Fixed Rate Bonds that is carried on the shoulders of 10,000 homebuyers. I am told by many that this singular financial feat has secured for 8990 a historic first in the annals of Philippine bond issuances. If this is indeed true then we are proud to say that not only is the Filipino worth housing for but he is also worth investing in.”

PDS Group President & CEO Cesar B. Crisol said: “We laud 8990 Holdings, Inc. for taking a significant stride, from providing shelter to the larger mass of Filipino families to now offering a new set of stakeholders, the HOUSE bondholders, long-term investments supported by the framework of an organized and registered secondary market.”

This listing of HOUSE PhP 9.0 Billion Fixed Rate Bonds is the sixth for 2015, bringing the year-to-date total of new listings to PhP 45.39 Billion and the total outstanding listed issues to PHP 484.78 Billion.

The event was held at the PDS Group Assembly Hall and was graced by 8990 Holdings Directors: Chairman Emeritus Luis N. Yu, Jr., President and CEO Januario Jesus B. Atencio III, Director Raul Fortunato R. Rocha, and Director Willibaldo J. Uy.

Representatives from the underwriters and issue participants also attended the event, including BDO Capital & Investment Corporation President Eduardo Francisco, First Metro Investment Corporation First Vice President Franz Bonoan, SB Capital Investment Corporation Director Martin Villalon, China Banking Corporation Vice President Manuel San Diego, Security Bank Corporation Senior Vice President Jeanette Keh, BDO Trust and Investments Group Vice President Susan Atienza, BDO Unibank, Inc. Senior Executive Vice President Walter Wassmer, Metropolitan Bank & Trust Company Executive Vice President Mylene Capras, and Development Bank of the Philippines Corporate Banking Sector Head Lilia G. Baun .#

Press Release 8990 Listing – 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