Filinvest Development lists retail bond tranche

GOTIANUN-LED Filinvest Development Corp. (FDC) listed its P10 billion worth of fixed-rate retail bonds due 2026 with the Philippine Dealing and Exchange Corp. (PDEx) on Wednesday.

The 2.5-year bonds, issued as the first tranche of the company’s P32-billion bond program, consisted of an aggregate principal amount of P7.0 billion and an oversubscription option of up to P3.0 billion.