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MPTC aims for P20-B bond sale

Manila Bulletin

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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.

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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