C01221-2021

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)
Feb 26, 2021
2. SEC Identification Number
C199800134
3. BIR Tax Identification No.
200-652-460-000
4. Exact name of issuer as specified in its charter
ABOITIZ POWER CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(02) 8 886-2800
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 Stock P1 Par Value 7,358,604,307
Amount of Debt Outstanding (As of Sept. 30, 2020) 232,747,382,000.00
11. Indicate the item numbers reported herein
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.

Aboitiz Power CorporationAP

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification to the February 25, 2021 Daily Tribune (Online Edition) News Article

Source Daily Tribune (Online Edition)
Subject of News Report Aboitiz, ACE capital raising gets SEC nod
Date of Publication Feb 25, 2021
Clarification of News Report

Gentlemen:

This refers to your letter requesting us to confirm the veracity of the information contained in the Daily Tribune (Online Edition) news article dated February 25, 2021 entitled “Aboitiz, ACE capital raising gets SEC nod”, the relevant portion of which is quoted hereunder:

“Capital raising exercises through bonds and shares float that would generate at least P31 billion received the approval of corporate regulator Securities and Exchange Commission (SEC) yesterday.

SEC said it has considered favorably the public fundraising of Aboitiz Power Corp.…

In its meeting on 23 February, the SEC en banc resolved to render effective the respective registration statements of Aboitiz Power for the issuance of fixed-rate bonds worth up to P30 billion…

. . . .”

We confirm that Aboitiz Power Corporation (AboitizPower) has received the pre-effective letter from the Securities and Exchange Commission that favorably considered the Company's application for the shelf registration of its Php30 billion (bn) fixed rate bonds, and the Company’s offer of the first tranche consisting of a base offer of Php4bn, with an oversubscription option of up to Php4bn, in aggregate amount of fixed rate bonds.

The Company is currently addressing the requirements and conditions indicated in the pre-effective letter, and once completed, expects to secure the Permit to Sell covering the first tranche from SEC early next week.

We will make the necessary disclosures once the Company receives the Permit to Sell and AboitizPower completes the first tranche offer.

Very truly yours,

ABOITIZ POWER CORPORATION
By:


(SGD.)
MAILENE M. DE LA TORRE
Assistant Corporate Secretary


Cc:

PHILIPPINE DEALING & EXCHANGE CORP.
Market Regulatory Services Group
29th Floor BDO Equitable Tower
8751 Paseo de Roxas, Makati City 1226

ATTENTION:
ATTY. MARIE ROSE M. MAGALLEN-LIRIO
Head – Issuer Compliance and Disclosures Department

Other Relevant Information

Please see attached.

Filed on behalf by:
Name Mailene de la Torre
Designation Asst. Corporate Secretary