C07173-2022

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)
Sep 23, 2022
2. SEC Identification Number
CEO2536
3. BIR Tax Identification No.
003-828-269-V
4. Exact name of issuer as specified in its charter
ABOITIZ EQUITY VENTURES INC.
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) 8886-2800
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 5,630,225,457
Amount of Debt Outstanding (As of June 30, 2022) 343,018,259,000.00
11. Indicate the item numbers reported herein
Item 9. Other Matters

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 Equity Ventures, Inc.AEV

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

Aboitiz Equity Ventures Inc. Files Application with SEC for the Issuance of its Fourth Tranche Bonds and the Registration of a New Shelf Registration Program, and PhilRatings Credit Rating

Background/Description of the Disclosure

On September 23, 2022, Aboitiz Equity Ventures Inc. (AEV) filed an application with the Securities and Exchange Commission (SEC) to issue fixed-rate retail bonds with an aggregate principal amount of up to P12 billion (bn), inclusive of oversubscription (the “2022 Bonds”). The application consists of (i) the issuance of the fourth and final tranche of fixed-rate bonds (the “Fourth Tranche Bonds”) amounting to up to P7.45 bn from its P30 bn shelf registration program, which was registered with the SEC on June 3, 2019, and (ii) the first tranche of fixed-rate bonds amounting to up P4.55 bn, assuming the oversubscription option is exercised, from its new shelf registration program amounting to P30 bn (the “2022 Shelf Registration Program”).

The proceeds from the 2022 Bonds are intended to partially fund AEV’s equity contribution to its wholly owned subsidiary, Aboitiz InfraCapital, Inc., which will use such amount to acquire interest GMR-Megawide Cebu Airport Corporation and the repayment of certain outstanding bonds of AEV.

Subject to market conditions, the 2022 Bonds are expected to be offered to the general public during the fourth quarter of 2022. AEV intends to list the 2022 Bonds with the Philippine Dealing and Exchange Corp.

The 2022 Bonds received a credit rating of PRS Aaa, with a Stable Outlook, by the Philippine Rating Services Corporation (PhilRatings). It also maintained the Issue Credit Rating of PRS Aaa, with a Stable Outlook, for AEV’s total outstanding bonds.

According to PhilRatings, obligations rated "PRS Aaa" are of the highest quality with minimal credit risk, an indication that the obligor’s capacity to meet its financial commitment on the obligation is extremely strong. A “Stable Outlook” means that the rating is likely to be maintained or to remain unchanged in the next 12 months.

Other Relevant Information

Please see the attached.

Filed on behalf by:
Name Sammy Dave Santos
Designation Senior Associate General Counsel