Philippines

Philippine real estate company Megaworld Corp raised $350m from bond investors on Thursday.

Ayala Land Real Estate Investment Trust is set to raise Ps12.3bn ($249.9m) from the Philippines' first Reit listing.

Manila Water Co managed to make its international bond debut on Thursday despite facing a number of challenges, including looming questions about its future amid a dispute with the Philippine government.

Philippine conglomerate San Miguel Corp sold its first perpetual dollar bond on Wednesday, returning to the debt market after a seven year hiatus.

Philippine company Globe Telecom raised $600m from a dual-tranche deal on Thursday, with investors attracted to the firm’s sector of operation.

Ayala Land Real Estate Investment Trust (AReit) has struck a chord with investors, which covered the institutional book of its IPO after the first day on the road, according to a source familiar with the matter.

A recent surge in dollar bond supply tempered enthusiasm among investors for Vista Land & Lifescapes’ $200m outing.

Ayala Land Real Estate Investment Trust (AReit) has got the preliminary greenlight from the Philippines’ securities regulator for the country’s first Reit IPO.

Philippine issuers are flooding the market with dollar bonds, giving investors an unprecedented selection of deals from the country. There is plenty more to come. Morgan Davis reports.

International Container Terminal Services (ICTSI), a Philippine port company, made a quick return to the debt market on Tuesday, selling a $300m perpetual bond just weeks after securing a $400m trade.

Metropolitan Bank & Trust Co followed fellow Philippine bank BDO Unibank offshore this week, raising $500m on Tuesday.

Philippines issuers continued to add to the bond market this week, with BDO Unibank breaking a three-year hiatus for $600m.