C03773-2017 |
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.
Subject of the Disclosure |
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SEC's Pre-Effective Order of AboitizPower's Php30B Fixed Rate Bonds |
Background/Description of the Disclosure |
Aboitiz Power Corporation (AboitizPower) received today, June 16, 2017, a letter from the Markets and Securities Regulation Department of the Securities and Exchange Commission (SEC), informing the company that SEC, in its meeting yesterday, June 15, 2017, favorably considered the company’s application for the issuance of up to Php30 billion fixed-rate corporate retail bonds. The bonds will be registered under the shelf registration program of the SEC and will be issued in tranches. The first tranche is equivalent to Php2 billion, with an oversubscription option of another Php1 billion. The final approval of the registration statement of the bonds will be issued upon AboitizPower’s compliance of certain conditions, which include among others, the submission of certain documents to the SEC. |
Other Relevant Information |
Please see attached. |
Name | Mailene de la Torre |
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Designation | Associate General Counsel |