Petron Corporation Taps the Capital Market with their Biggest Bond Issuance to Date
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07 July 2025, Makati, Philippines – Philippines’ leading oil company – Petron Corporation taps the debt capital market once again for their biggest issuance to date with PHP 32 billion Series G Fixed Rate Bonds Due 2030, Series H Fixed Rate Bonds Due 2032 and Series I Fixed Rate Bonds Due 2035.
PDEx President, Ms. Stephanie Marie Zulueta in her welcome remarks emphasized the impact of Petron’s biggest listing and its pivotal role for the country’s economic growth – “Despite the challenges and volatility of the market, Petron continues to grow locally and internationally and adapt to market conditions and remain focused on sustainable growth and development.”
Mr. Lubin Nepomuceno, Petron’s General Manager further recognized their role and significant contributions to the country – “…we remain in a period of continued transformation where we prioritize programs and innovations that enhance our efficiency, reduce our environmental footprint, and contribute meaningfully to our nation’s progress. The proceeds from this initiative will enable us to allocate resources more effectively as we reinforce our role as the Philippines’ energy backbone.”
This eleventh admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 169.45 billion and the total level of tradable corporate debt instruments to PHP 1.2 trillion issued by forty companies, comprised of 160 securities.