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DoubleDragon Corporation Successfully Enrolls 7-Year Series 5 Notes worth PHP2.5 Billion

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April 23, 2026

23 April 2026, Makati, Philippines – Philippine Dealing & Exchange Corp. (PDEx) welcomes back DoubleDragon Corporation (DD) for the enrollment of its 7-year Series 5 Notes amounting to PHP 2.5 Billion.

Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her remarks acknowledged DoubleDragon’s continued global expansion – “This year, the company is set to achieve its highest number of hotel room openings, with a total of 2,229 rooms across Spain, Japan, Cebu and Davao.”

Zulueta also highlighted the remarkable performance of PDS – “This is PDEx’s thirteenth (13th) issuance to date bringing PHP310.8 Billion in listings and enrollments, or 68% of last year’s total volume of Php454.18 billion. We at PDS continuously ensure that we maintain an efficient capital market that provides support to our issuers and meet their diverse financing requirements.”

DoubleDragon Corporation’s Chairman and CEO, Edgar Injap Sia highlighted in his message the current highly volatile oil price in the country which serves as a main driver of DD in their capital initiatives – “This uncertainty has made us accelerate our capital initiatives to bulk up the company’s cash reserves. As announced, the DD Group is also currently in the process for a USD300 million equivalent to about Php18 Billion in equity capital raise in the United States. Simultaneously these initiatives with several other capital initiatives that the DD Group is currently working on which totals to about Php34 Billion in capital raise expected in the next few months will ensure DD Group’s immunity to remain in a very strong position in preparation for a possible prolonged economic headwind in the months ahead.”

Sia particularly emphasized – “the best time to raise capital and bulk up the company’s cash reserves is when it doesn’t need it yet.”

This 13th admission for 2026 brings the year-to-date total of new listings and enrollment to PHP 310.8 billion, pushing the total level of tradable corporate debt instruments to PHP 1.5 trillion issued by 44 companies, comprised of 173 securities.