C08676-2022

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 21, 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 Sept 30, 2022) 339,398,149,000.00
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 4-13 - 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 November 21, 2022 BusinessMirror (Online Edition) News Article.

Source BusinessMirror (Online Edition)
Subject of News Report SEC OKs bond offerings of San Miguel, Aboitiz
Date of Publication Nov 21, 2022
Clarification of News Report

Dear Ms. Tom Wong:

This refers to the letter from the Philippine Stock Exchange (PSE) requesting Aboitiz Equity Ventures Inc. (AEV, or the “Company”) to confirm the veracity of the information contained in the Business Mirror (Online Edition) news article dated November 21, 2022 entitled “SEC OKs bond offerings of San Miguel, Aboitiz” a portion of which are quoted hereunder:

“THE Securities and Exchange Commission has approved the bond offerings of San Miguel Corp. and Aboitiz Equity Ventures Inc. (AEV).

In its en banc meeting last week, the SEC approved the registration statement of San Miguel for up to P60 billion of fixed-rate bonds and of AEV for P30 billion of bonds under shelf registration. He said the company is set to break ground for around 200 to 300 megawatts (MW) of new solar capacity ‘by next year, by the first quarter.’

. . . .

AEV has tapped BDO Capital, BPI Capital, China Bank Capital and First Metro Investment Corp. as the joint issue managers, joint lead underwriters and joint bookrunners for the offer.”

AEV confirms that AEV has received a pre-effective letter from the Securities and Exchange Commission (SEC) in relation to AEV's proposed offer and issuance of up to P20 Bn peso-denominated fixed rate retail bonds comprised of Series A: 6.8725% 3.5-Year Bonds Due 2026 and Series B: 7.5321% 7.0-Year Bonds due 2029. The offer and issuance of the fixed rate bonds is subject to compliance with regulatory requirements and fulfilment of regulatory conditions culminating in the issuance of an order of registration and certificate of permit to offer securities for sale from the SEC.

We trust that we have clarified the above-mentioned news article to your satisfaction.

Other Relevant Information

Please see attached.

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