C01067-2023

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 10, 2023
2. SEC Identification Number
CS201010780
3. BIR Tax Identification No.
007-813-849-000
4. Exact name of issuer as specified in its charter
Citicore Energy REIT Corp.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
11F Rockwell Santolan Town Plaza, 276 Col. Bonny Serrano Avenue, San Juan City Postal Code 1500
8. Issuer's telephone number, including area code
(02) 8826-5698
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 Shares 6,545,454,004
11. Indicate the item numbers reported herein
Item 9 - Other Events

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.

Citicore Energy REIT Corp.CREIT

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Citicore Energy REIT Corp. ("CREIT") Lists Oversubscribed Maiden ASEAN Green Bond Offering in Philippine Dealing and Exchange Corp. ("PDEx")

Background/Description of the Disclosure

Citicore Energy REIT Corp. ("CREIT" or the "Company") rang the bell today at the floor of the Philippine Dealing and Exchange Corp. ("PDEx") in Makati City, during the listing ceremony of its maiden Php 4.5 Billion ASEAN Green Bond offering.

The offer was oversubscribed, with the Php1.5-billion oversubscription option fully taken up during the offer period, which ran from January 30 to February 3, 2023. The ASEAN Green Bonds will bear a coupon rate of 7.0543% and mature on February 10, 2028.

SB Capital Investment Corporation and PNB Capital and Investment Corporation were the transaction’s joint local underwriters, issue managers, bookrunners, and selling agents, with Security Bank Corporation – Trust and Asset Management Group acting as the Trustee.

Earlier, the Issuer and the Issue received a rating of PRS Aa+ with Stable Outlook from the Philippine Rating Services Corporation ("PhilRatings"), signifying its strong capacity to meet its financial obligation.

The proceeds of the offering will be used to acquire value-accretive properties to grow CREIT’s green asset portfolio, which are expected to increase CREIT’s landholdings to almost 4 times, from the current 2 million square meters to 7 million square meters – cementing its status as the country’s largest renewable energy (RE) landlord.

The land parcels will then be leased out to solar power generators and operators, who will construct three utility-scale solar plants with a total projected generation capacity of 269MWdc and form part of the expansion pipeline of CREIT’s Sponsor, Citicore Renewable Energy Corporation ("CREC").

Other Relevant Information

Please refer to the attached file for the full press release.

Filed on behalf by:
Name Jaime Del Rosario
Designation Corporate Secretary and Chief Information Officer