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DoubleDragon Corporation Returns to PDEx for the Enrollment of PHP 2 Billion Series 4B Notes

Posted:

May 6, 2026

06 May 2026, Makati, Philippines – Philippine Dealing & Exchange Corp. (PDEx) welcomes the return of DoubleDragon Corporation (DD) for the enrollment of its 7-year Series 4B Notes worth PHP 2 billion.

Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her remarks emphasized DD’s continues expansion through the Hotel101 Global – “Through its subsidiary, Hotel101 Global, the Group is accelerating the global rollout of its Hotel101 brand, opening across key markets in different countries within 2026. This expansion is further reinforced by strong early booking performance in its international projects, underscoring growing global demand for its standardized hotel model.”

Zulueta also acknowledged the current performance of the primary market – “This 14th issuance brings PHP 312.759 billion in listings and enrollments, reflecting 68.86% of last year’s total volume of PHP 454 billion.”

DoubleDragon Corporation’s Chairman and CEO, Edgar Injap Sia II highlighted in his message the significance of this latest enrollment – “The series of fresh capital build up by tapping the capital markets in the Philippines and the capital markets in the United States via issuances of notes and equity issuances are all geared for the further increase and pile up the excess cash reserves of the DD Group.”

Sia also noted DD’ continuous efforts for financial growth despite the ongoing market volatility – “This excess cash reserve we have been piling up is to ensure that DD Group remains on a strong financial footing, even if the challenges in the economic environment that we are experiencing will last for several years, we are ready and well-prepared.”