Follow-On Offering (FOO):
Ayala Corporation:
Re-issuance of Class “B” Preferred Shares
Re-issuance of Class “B” Preferred Shares
Offer Terms
Price:
₱2,000 per share
Dividend Rate
6.2903% p.a.
Minimum Subscription:
25 shares and in multiples of 5 shares thereafter
Dividend Rate Step-Up
10-year PHP BVAL Reference Rate + 3.00%
Optional Redemption and Purchase
5th anniversary of the Issue Date or on any dividend payment thereafter
Restrictions
U.S. Persons, as defined under the U.S. Foreign Account Tax Compliance Act (FATCA), are not eligible to subscribe or purchase the Offer Shares.
BDO Securities Reservation Window
June 2 through June 3, 2025 (During Market Hours)
PSE EASy Reservation Window
June 2 until 12:00 noon of June 9, 2025
Listing Date
June 19, 2025
*Please note that dates mentioned above may be subject to changes
** For more information, please refer to the Final Offer Terms and Conditions disclosed in the PSE Edge website.
For Online Accounts
REMINDERS:
Funding: Your account must be sufficiently funded. We will only accept cleared funds for FOO reservations.
Allocation: BDO Securities Corporation cannot guarantee allocation as this will depend on the volume and demand for this offer. Shares may be fully or partially allocated or rejected.
Refunds: Refunds resulting from the partial allocation of shares or rejection of reservation will be credited, without interest, directly to your BDO Securities Settlement Account within 3 business days upon receipt of cleared funds from the issuer.
For Trader-Assisted Accounts
Should you have any questions or require further assistance, please do not hesitate to send us an email at bdosec-customercare@bdo.com.ph or call us at (+632) 8840-7878.
