DoubleDragon Corporation's Retail Bond Offering Sold Out 5 Days Before the End of the Offer Period

Due to the very high volume demand of orders that came in after the Offer Period started, DoubleDragon Corporation as the Issuer, together with RCBC Capital Corporation, Unicapital Inc and the Development Bank of the Philippines (DBP) as its joint lead underwriters, joint issue managers and bookrunners announces that the retail bond offering of DoubleDragon Corporation has been more than fully subscribed as of July 5, 2024.

Accordingly, pursuant to the terms and conditions of the retail bond, the Issuer and the joint lead underwriters, joint issue managers and bookrunners have agreed to shorten the offer period, which has ended on July 5, 2024, instead of July 10, 2024.

The company seek the understanding of the investing public for cutting short the DD retail bond offer period due to oversubscription way ahead.

But DoubleDragon is pleased to announce that another tranche of its retail bond offering will be facilitated very soon.

DoubleDragon has not issued any peso retail bond for over 5 years and it is extremely grateful to the unwavering support of the investing public on its return to the retail bond market.

"As DoubleDragon continues to expand in the Philippines and in various countries overseas, the solid support of the investing public demonstrated in this retail bond offering means a lot as we achieve dreams together."
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You may read a related article entitled ​DoubleDragon Corporation Gets Go-Ahead from the SEC for its Fixed-Rate Bonds