Metro Pacific Tollways Corporation (MPTC), a subsidiary of Metro Pacific Investments Corp., plans to raise up to ₱20 billion through the public sale of fixed-rate bonds. The offer includes ₱15 billion in bonds with an oversubscription option of ₱5 billion, to be issued in up to three series with tenors of three, five, and/or ten years.
The bonds, to be issued at par and with quarterly interest payments on a 30/360-day basis, will be offered to the public from 17 to 21 November 2025 and are scheduled for listing on the Philippine Dealing & Exchange Corp. (PDEx) on 2 December 2025.
The Philippine Rating Services Corp. assigned the bonds a PRS Aaa rating with a Stable Outlook—the highest rating, indicating minimal credit risk.
Funds will support ongoing infrastructure investments in CAVITEX, CALAX, and LLEX, refinance bridge loan facilities, and cover general corporate expenses.
BPI Capital and First Metro Investment are joint issue managers. Joint lead underwriters and bookrunners include BDO Capital, China Bank Capital, PNB Capital, and Security Bank Capital.
MPTC operates several key expressways such as NLEX, SCTEX, CAVITEX, CALAX, CCLEX, and the NLEX Connector, and has investments across the ASEAN region. It also provides digital transformation and mobility innovation services through its subsidiaries.
President and CEO Gilbert F. Santa Maria stated the bond issuance aims to strengthen MPTC’s financial position while supporting its infrastructure growth and operational goals.
