Metro Pacific Tollways Corp. (MPTC) has appointed a group of leading banks to manage its proposed P20 billion public bond offering.
BPI Capital Corporation and First Metro Investment Corporation will serve as joint issue managers, while BDO Capital & Investment Corp., China Bank Capital Corp., PNB Capital & Investment Corp., and Security Bank Capital Investment Corp. are the joint lead underwriters and bookrunners.
The bonds, to be issued at par with quarterly interest payments, will be offered from Nov. 17-21, 2025, and listed on the Philippine Dealing & Exchange Corp. on Dec. 2.
Proceeds will fund MPTC’s Manila-Cavite, Cavite-Laguna, and Lapu-Lapu expressway projects, refinance bridge loans, and support other corporate purposes.
“This bond issuance aims to bolster MPTC’s fiscal position while ensuring the capital adequacy to support continued infrastructure investment and operational excellence,” said Gilbert F. Santa Maria, president and CEO of MPTC.
