C00239-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Jan 16, 2017
2. SEC Identification Number
A200016575
3. BIR Tax Identification No.
055-695-791
4. Exact name of issuer as specified in its charter
Alterra Capital Partners, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor, 1128 38th Avenue, Fort Bonifacio Global City, Taguig City, Metro Manila Postal Code 1634
8. Issuer's telephone number, including area code
(02)5519639
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 62,276,060
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Alterra Capital Partners, Inc.ALT

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

(1) Loan Agreement with Various Lenders and (2) Authority to conduct a follow-on offering of 500,000,000 shares of the Corporation

Background/Description of the Disclosure

In the special meeting of the Board of Directors of the Corporation held on 16 January 2017, the Board of Directors approved and authorized the following:

1) The authority for the Corporation (as borrower) to enter into Loan Agreements with various lenders to borrow the aggregate amount of Php437,100,000.00, under the following minimum terms: (i) interest at the rate of 5% p.a.; (ii) term premium at the flat rate of 10%; (iv) maturity date on 15 August 2017, and such other terms and conditions as may be agreed upon with said lenders;

2) The authority to conduct a follow-on offering consisting of Five Hundred Million (500,000,000) primary common shares (the “FOO Approval”) of the Corporation (the “Offer Shares”), which Offer Shares shall be sold at a price to be mutually determined by the Corporation and its mandated underwriter/s, following a book-building exercise.

In relation to said FOO Approval, the Board of Directors mandated Philippine Commercial Capital, Inc. as Lead Underwriter.

In addition, the Board of Directors of the Corporation resolved to authorize the Corporation to file a registration statement for the Offer Shares with the Securities and Exchange Commission (“SEC”) and the listing thereof with the Philippine Stock Exchange, Inc. (“PSE”). Pursuant thereto, the Board of Directors approved, confirmed and ratified the disclosures contained in the registration statement and Offering Circular to be filed with the SEC, as well as the listing application, in connection with the foregoing filings with the SEC and the PSE.

Other Relevant Information

None.

Filed on behalf by:
Name Leopoldo III Aquino
Designation Corporate Information Officer