- Advertisement -
8990 Holdings Inc. looks to raise P9 billion by issuing peso-denominated fixed rate notes to qualified institutional buyers.
The company said the notes issuance will be divided into an initial P5 billion and another P4 billion covering the oversubscription offer.
The notes shall be enrolled and traded through the Philippine Dealing & Exchange Corp.
Mandated to facilitate the notes issuance were BDO Capital & Investment Corp. as the sole issue manager, lead arranger and sole bookrunner and RCBC Capital Corp., as co-arranger.
- Advertisement -
“The final terms of the notes will be determined after the bookbuild process and prior to the issuance thereof. The company shall provide the necessary updates regarding this in due course,” the company said.
