BDO Returns to the PDEx Bourse with Second Tranche of LTNCTD Due 2023 Worth PhP 8.2 BillionPosted on: May 7, 2018
07 May 2018, Makati Philippines – BDO Unibank, Inc. listed its PhP 8.2 Billion Long-Term Negotiable Certificates of Time Deposit (LTNCTD) Due 2023 on the Philippine Dealing & Exchange Corp. (PDEx) organized secondary market, bringing the year-to-date new listings to PhP 70.36 Billion.
With this issuance, the SM Group’s total outstanding amount of bonds listed stands at PhP 180.77 Billion for a share of 21% of the total face amount of PhP 862.88 Billion of corporate bonds now listed on PDEx.
BDO Unibank Senior Vice President Dalmacio Martin and BDO Private Bank Executive Vice President Stella Cabalatungan rang the listing bell to trumpet the start of trading of the newly listed BDO LTNCTDs due 2023 in the PDEx platform.
“We in BDO recognize and appreciate the trust that our investors place in our bank. Your faith in us, and in what we do, only motivates us to “find ways” to better serve you and all of our stakeholders,” Mr. Martin said.
PDEx President and COO Antonino Nakpil remarked: “More than its activity as an Issuer, we acknowledge BDO for its long-time support through its representatives’ active involvement in every sub-committee of the Market Governance Board, and its institutional activity in financial markets served by PDS.”
The listing ceremony was attended by BDO Unibank Senior Vice President Dalmacio Martin, BDO Private Bank Executive Vice President Stella Cabalatungan and the Issue Underwriters led by Deutsche Bank Chief Country Officer Enrico Cruz and ING Bank Country Manager Hans Sicat.#