Aboitiz Power (PSE:AP) secured approval from the Philippine Dealing and Exchange for the listing of its first tranche of bonds under a 100 billion Philippine pesos shelf registration.
The first tranche covers up to 20 billion pesos in series A, B, and C bonds, with an oversubscription option of up to 10 billion pesos, according to a Monday Philippine Exchange filing.
The bonds carry fixed annual interest rates of 5.8846% due 2027, 6.2934% due 2030, and 6.8572% due 2035.
The approval enables secondary market trading, it said.
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