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DoubleDragon Corporation Successfully Issues PHP 8.9 billion Fixed Rate Bonds

Posted:

October 13, 2025

19 September 2025, Makati, Philippines – DoubleDragon Corporation (DD), returns to the capital markets for the issuance of its PHP 8.9 billion Fixed Rate Bonds.

Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her welcome remarks highlighted that this issuance from DoubleDragon has received overwhelming support from its loyal investors – “We note that this issuance resulted in overwhelming demand – exceeding 80 percent of the total base plus maximum oversubscription offer.”

Zulueta further mentioned that this issuance coincides with the recent development in the Philippine bond market – “Moreover, this issuance comes at a time when the Philippines is moving closer to rejoining JPMorgan’s Government Bond Index–Emerging Markets, a positive development to further attract foreign investors to our peso denominated government bond market then eventually the corporate bond issuers.”

DoubleDragon’s Chairman and CEO, Edgar Injap Sia II expressed his gratitude to the different working groups whose collective efforts brought this latest issuance to reality – “I mainly just would like to thank all of you – to all who have worked towards making this another Peso retail bond offering of DoubleDragon Corporation successful and oversubscribed. I have seen so many pipeline offerings in October onwards and indeed we were able to capture the window of September 2025, with only DD offering a retail bond in the market.”

Sia further enumerated DoubleDragon’s milestones towards its near-term goal to become a tier one company – “Together with these milestones, this fresh new Peso retail bond capital raise will further put DoubleDragon Corporation in an even stronger financial position to pursue its set goals – all towards our near-term goal to elevate DoubleDragon Corporation to enter the tier one company category by the end of this year 2025.”

This seventeenth admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 350.77 billion and the total level of tradable corporate debt instruments to PHP 1.3 trillion issued by 41 companies, comprised of 162 securities.