6 months CPG’S P3-B bonds 2 times oversubscribed MB |Biz
By James A. Loyola Century Properties Group, Inc. (CPG) reported that its planned P3-billion bond issuance was more than twice oversubscribed. In a statement, the firm said it has priced its Three-year Unsecured Fixed Rate Peso Retail Bonds due in 2022 at 7.8203 percent. The bonds will be offered from April 1 to 5, 2019. CPG received the permit to sell from the Securities and Exchange Commission on March 27, 2019. The Company is targeting to issue the bonds on April 15, 2019. China Bank Capital Corporation is the issue manager, lead underwriter and bookrunner for the transaction. The issuance ... more