Filinvest Development Corp. (FDC), the listed holding company for the businesses of the Gotianun family, has secured the approval of the Securities and Exchange Commission (SEC) to proceed with its bond issuance which can reach P10 billion.

FDC announced in a statement on Monday that the SEC has issued a “Certificate of Permit to Offer Securities for Sale” for its P7-billion bond issue that has an option for oversubscription of up to P3 billion.

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