C08171-2022

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)
Nov 4, 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 16-1- Update on Corporate Actions/
Material Transactions/Agreements References: SRC Rule 17 (SEC Form 17-C) and
Section 16 of the Revised Disclosure Rules

Subject of the Disclosure

Aboitiz Equity Ventures Inc. authorizes the increase in the amount of its 2022 retail bonds issuance.

Background/Description of the Disclosure

In relation to the disclosure date August 25, 2022, the members of the Board of Directors of Aboitiz Equity Ventures Inc. (AEV, or the “Company”) have authorized the increase in the amount of its fixed-rate peso-denominated retail bonds issuance from Php12 billion to Php20 billion (the “2022 Bonds”). The 2022 Bonds will be composed of a base issue size of Php8 billion with an oversubscription option of up to Php12 billion. Subject to the approval by the Securities and Exchange Commission (SEC), the 2022 Bonds will be comprised of:

(i) Php7.45 billion retail bonds from the remaining balance of the Company’s Php30 billion shelf registration program approved by the SEC in 2019 (the “2019 Shelf Registration Bonds”); and

(ii) Php12.55 billion retail bonds from the Company’s Php30 billion new shelf registration program currently being processed with the SEC (the “2022 Shelf Registration Bonds”).

The increase in the oversubscription option allows for greater flexibility admidstrobust liquidity in the capital markets.

As previously disclosed, the proceeds from the 2022 Bonds are intended to be used: (a) to partially fund AEV’s equity contribution to its wholly owned subsidiary, Aboitiz InfraCapital, which will use such amount to acquire an interest in GMR-Megawide Cebu Airport Corporation; and (b) for the repayment of certain outstanding bonds of AEV.

Subject to market conditions, the 2022 Bonds are currently 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.

Other Relevant Information

Please see attached.

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