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MPTC aims for P20-B bond sale
Manila Bulletin
|September 29, 2025
Metro Pacific Tollways Corp. (MPTC) plans to raise up to P20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering.
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Philippine Rating Services Corp. (PhilRatings) said MPTC is planning a bond issue of P15.0 billion, with an Oversubscription Option of up to P5 billion.
The planned bond offering has been assigned PhilRatings’ highest Issue Credit Rating of PRS Aaa, with a Stable Outlook. Obligations rated PRS Aaa are of the highest quality with minimal credit risk, and the obligor’s capacity to meet its financial commitment on the obligation is extremely strong.
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