MANILA, Philippines — Century Properties Group, Inc. (CPG) has officially listed ₱5 billion worth of fixed-rate retail bonds on the Philippine Dealing & Exchange Corp. (PDEx).
The listing, which took place on Friday, February 20, 2026, marks the company’s sixth listing on the local fixed-income exchange and is part of its broader ₱12-billion debt securities program.
Key Details of the Bond Offering:
- Total Raised: ₱5 billion (Initial ₱3-billion offer plus a fully exercised ₱2-billion oversubscription option).
- Bond Series:
- Series D: 4-year bonds maturing in 2030 with an interest rate of 6.508% per annum.
- Series E: 7-year bonds maturing in 2033 with an interest rate of 7.628% per annum.
- Lead Institutions: China Bank Capital Corp. (Sole Issue Manager); PNB Capital and Investment Corp. (Joint Lead Underwriter); Land Bank of the Philippines (Selling Agent).
Strategic Use of Proceeds
CPG President and CEO Marco Antonio stated that the strong demand for the bonds reflects investor confidence in the company’s long-term strategy. The funds will primarily support the following:
- Affordable Housing: Expansion of PHirst Park Homes, Inc., which plans to launch nine new developments this year with a total sales value of ₱30 billion.
- Condominium Projects: Ongoing developments by Century Limitless Corp., including the recently completed third tower of Azure North in Pampanga and an upcoming ₱10-billion project in General Trias, Cavite.
The bond issuance allows CPG to manage its capital requirements efficiently while tapping into the secondary market for increased liquidity.