MPTC receives SEC Order of Registration and Permit to Sell for bond issuance

On 14 November 2025, Metro Pacific Tollways Corporation (“MPTC” or the “Company”) received from the Market and Securities Regulation Division (“MSRD”) of the Securities and Exchange Commission (“SEC”) Order No. 109, Series of 2025 (“Order of Registration”) and the Certificate of Permit to Offer Securities for Sale dated 14 November 2025 (“Permit to Sell”) for MPTC’s maiden offering of Philippine Peso-denominated SEC-registered bonds.

The Permit to Sell is in relation to the Company’s proposed public offering and sale of PHP 15 Billion SEC-registered fixed-rate, Philippine Peso-denominated bonds with an oversubscription option of up to PHP 5 Billion to be issued in three (3) series: 5.5443% 3-year fixed rate bonds due 2028 (“Series A Bonds”), 5.7879% 5-year fixed rate bonds due 2030 (“Series B Bonds”), and 6.3069% 10-year fixed rate bonds due 2035 (“Series C Bonds”; collectively, with the Series A Bonds and the Series B Bonds, the “Offer”).

Following the issuance of the Order of Registration and Permit to Sell, the public offer period shall commence at 9:00 A.M. on 17 November 2025 and end at 5:00 P.M. on 21 November 2025. MPTC intends to issue and list the bonds on the Philippine Dealing and Exchange Corp. (“PDEx”) on 2 December 2025. The Offer and listing of the Bonds remains subject to satisfaction by MPTC of all applicable regulatory requirements.

The bonds are intended to be issued at par, and interest will be calculated on a 30/360-day count basis, payable quarterly in arrears. Philippine Ratings Services Corporation has rated the bonds PRS Aaa with Stable Outlook on 26 September 2025.

The net proceeds from the Offer are intended to partially finance equity and advances for the Manila Cavite Expressway (CAVITEX), Cavite Laguna Expressway (CALAX), and Lapu-Lapu Expressway (LLEX), refinance an existing bridge facility used to fund new investments, and support other general corporate purposes.

BPI Capital Corporation and First Metro Investment Corporation are the Joint Issue Managers, and together with BDO Capital & Investment Corporation, China Bank Capital Corporation, PNB Capital and Investment Corporation, and Security Bank Capital Investments Corporation, act as the Joint Lead Underwriters and Joint Bookrunners for the Offer.

For more information on the Offer, kindly see the Prospectus dated 13 November 2025 accessible through the link: https://www.mptc.com.ph/investor-relations/bond-offering

 

About MPTC

MPTC is the Philippines’ premier toll road developer and operator, which manages the following portfolio of expressways: the CAVITEX, the North Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), Cavite-Laguna Expressway (CALAX), Cebu-Cordova Link Expressway (CCLEX), and the NLEX Connector. MPTC also extends its expertise beyond the Philippines and holds investments in the ASEAN region, and provides digital transformation and mobility innovation services through its subsidiaries.

The Company’s business address is at the 5th Floor, Rockwell Business Center Tower 1, Ortigas Avenue, Pasig City, Philippines. The Company’s telephone number is (+632) 8866-7650, and its corporate website is https://www.mptc.com.ph, where the prospectus relating to the Offer can be obtained.