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Rockwell Land eyes P10B for expansion
Business World Philippines
|January 07, 2026
ROCKWELL LAND CORP. plans to raise as much as P10 billion from a bond offer to help fund the expansion of its retail and residential portfolio.
The proposed issuance will have a base offer of P7 billion, with an oversubscription option of as much as P3 billion, the company said in a stock exchange filing on Tuesday. The bond sale represents the initial tranche of Rockwell Land's P20-billion shelf registration program.
The Philippine Rating Services Corp. (PhilRatings) assigned the proposed bonds a PRS Aaa rating with a stable outlook, indicating the highest credit quality and minimal credit risk. A stable outlook signals that the rating is expected to be maintained over the next 12 months.
Dit verhaal komt uit de January 07, 2026-editie van Business World Philippines.
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