PDEx Welcomes Metro Pacific Tollways Corporation for its Maiden Bond Listing
Posted:
02 December 2025, Makati, Philippines – Philippine Dealing and Exchange Corp. (PDEx) welcomes new issuer – Metro Pacific Tollways Corporation (MPTC) to the capital market, for its initial listing of multi tenor fixed rate bonds.
Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her remarks highlighted that MPTC started on a strong note with its maiden bond offering – “It is with great pleasure to welcome the country’s leading toll-road developer and operator – Metro Pacific Tollways Corporation (MPTC) to the capital markets. It begins its first bond issuance on a strong note by offering multiple tenors (the 3, 5 and 10-year). And by being oversubscribed by PHP 5 billion, bringing the total issue amount to PHP 20 billion.”
Zulueta added that this latest issuance will help fund vital projects in the country and benefit more Filipinos through its tollways and expressways – “we are pleased to support MPTC in its initial bond issuance, where the proceeds will not only fund vital infrastructure projects but also strengthen a company distinguished by its strong governance, sustainability focus, and social commitment. Together with our partners in both the public and private sectors, we remain steadfast in enhancing liquidity and efficiency in the fixed-income markets.”
Metro Pacific Tollways Corporation President and CEO, Gilbert Gabriel Santa Maria thanked the investors for their confidence and overwhelming support to the company – “The bond offering was over 3 times oversubscribed from our original offer of PHP15 Billion, equivalent to about PHP 46 billion in orders, driven by the confidence of our institutional and retail investors.”
Santa Maria assures its stakeholders of MPTC’s continuous commitment to move forward with its future-centric projects – “we remain committed to supporting the country’s economic growth by continuing the construction of the Manila-Cavite Expressway (CAVITEX), Cavite-Laguna Expressway (CALAX), and accelerating the development of new projects such as the Lapu-Lapu Expressway (LLEX) and others”
This twenty-second admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 428.78. billion and the total level of tradable corporate debt instruments to PHP 1.3 trillion issued by 42 companies, comprised of 161 securities.