Haus Talk raises P1.8B from bond offer
Haus Talk Inc. has raised P1.8 billion from its fixed-rate bond issuance, with the securities set to begin trading on the local fixed-income exchange platform next week.
The Madlambayan family-led housing developer told the exchange on Wednesday the offer period for the bonds ran from March 2 to March 6, 2026. It concluded successfully with strong investor demand that pushed the final issue size close to the maximum amount initially planned.
Haus Talk earlier disclosed plans to issue up to P2 billion worth of fixed-rate bonds, consisting of a base offer of P1 billion and an oversubscription option of up to P1 billion.
The bonds will be listed and traded on the Philippine Dealing and Exchange Corp. (PDEx) starting March 16. This enables investors to buy and sell the securities in the secondary market.
The company said the offering was divided into two series with different maturities.
The Series A bonds, which have a three-year tenor, amounted to P260.02 million.
Meanwhile, the Series B bonds, which carry a five-year tenor, accounted for the bulk of the issuance at roughly P1.54 billion.
Haus Talk disclosed the details in a SEC Form 17-C current report, a filing used by publicly listed firms to inform regulators and investors about material corporate developments.
The bond listing on PDEx will provide investors with liquidity by enabling secondary trading of the securities after the completion of the offer period.
The capital raised through the issuance adds to the company’s funding sources as it continues to tap the capital markets for financing initiatives.
