LISTED real estate developer Double Dragon Properties Corporation said on Wednesday it has filed a preliminary prospectus to the Securities and Exchange Commission (SEC) covering the issuance of the second tranche of its Fixed Rate Retail Bonds with a base size of P6.5 billion, with an oversubscription of P3.2 billion.
The proposed issuance forms part of the P15-billion Fixed Rate Retail Bonds that were previously approved by the SEC, and were filed under a shelf registration program. The SEC approved the first tranche last December amounting to P5.3 billion.
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