2019 PERPETUAL PREFERRED SHARES SERIES 3 OFFERING
PHP 10,000,000,000.00 Series 3A and PHP 5,000,000,000.00 Series 3B with an Oversubscription Option of up to PHP 5,000,000,000.00
50 Preferred Shares or PHP 50,000.00
Dividend Rate: 6.8713% p.a.
Step-Up Date: 5.5th Anniversary
Dividend Rate: 7.1383% p.a.
Step-Up Date: 7th Anniversary
GET IN TOUCH with any one of our Underwriters and Selling Agents NOW!!!
Offer ends on June 18, 2019
BDO Capital & Investment Corp.
BPI Capital Corp.
China Bank Capital Corp.
PNB Capital & Investment Corp.
First Metro Investment Corp.
Any one of the 129 Trading Participants of The Philippine Stock Exchange, Inc.
The Preferred shares are cumulative, non-voting, non-participating, non-convertible peso-denominated perpetual preferred shares. For more information about the offer, you may refer to the Company’s prospectus at www.petron.com or go to www.edge.pse.com.ph.
Proceeds of the Offer shall be used primarily for the redemption of the Series 2A Preferred Shares of the Company, repayment of outstanding short-term loans and for general corporate purposes.
The Securities and Exchange Commission (SEC) has issued a Certificate of Permit To Offer Securities For Sale in relation to Petron Corporation’s offer of 15,000,000 with Oversubscription of up to 5,000,000 Perpetual Preferred Shares covered under SEC MSRD No. 22, Series of 2019.