ABOITIZ EQUITY VENTURES TO OFFER DOLLAR-DENOMINATED NOTES | Marvin Germo
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ABOITIZ EQUITY VENTURES TO OFFER DOLLAR-DENOMINATED NOTES

By: Marvin Germo | January 5, 2020

The Plan To Issue

Aboitiz Equity Ventures, Inc. (AEV) disclosed that it has plans to issue dollar-denominated senior unsecured notes. These are still subject to market conditions and are expected to be unrated and unconditionally and irrevocably guaranteed by AEV. The notes will be classified as Regulation S, which are rules permitting a safe place from the requirements of the registration for sales of securities and other offshore offerings. On the same day of the announcement, the company chose financial institutions to manage the arrangement of the events for investors. The use of proceeds from the offering will be announced soon.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

Stock Smarts Taiwan – February 15, 2020
Stock Smarts Manila: March 14, 15, 21, 22 & 28, 2020
Stock Smarts Singapore: May 16 – 17, 2020

Financial Institutions Appointed 

AEV International Pte. Ltd., which is a wholly-owned subsidiary of AEV, was able to appoint institutions to arrange the event for investors. The Standard Chartered Bank and Hong Kong and Shanghai Banking Corp. Ltd. are chosen as the joint global coordinators. Meanwhile, the lead managers and joint book runners are DBS Bank Ltd., HSBC, MUFG Securities Asia (Singapore) Ltd., Mizuho Securities (Singapore) Pte. Ltd. And Standard Chartered Bank. These companies will be the ones to plan different fixed income investor meetings and conference calls in London, Singapore, and Hong Kong. The events will start on Jan. 6, 2020.

Update On Aboitiz Power Corp.

Aboitiz Power Corp., another subsidiary of AEV acting as the energy arm, stated that its Cleanergy brand has 32 customers now coming from Luzon. Its Visayas has 203 megawatts (MW) of renewable energy supply as of today. The customers of the energy arm don’t just include individuals but many different companies that are now switching to renewables as answers to their energy needs. There are also those who choose electric cooperatives so to balance the energy mix. Aboitiz Power is committed to providing ample, reasonable, and reliable power to its consumers while maximizing renewable energy as long as they can. Simultaneously, its use of reliable and cost-efficient fossil-fired power plants are really producing a big help.

About Cleanergy

Aboitiz Power’s brand already produced a total of 1,242 MW accounting for about 27% of the net sellable capacity of the company. What’s included in its portfolio are geothermal, solar, large hydropower facilities and run-of-river hydro. Among the users of Cleanergy are NEO Property Management, Inc. that signed up for contract renewal in 2019 and Nestle Philippines who have been using the brand since 2017 in its Lipa, Batangas manufacturing warehouse. Its other facilities located in Cabuyao, Laguna and Tanauan, Batangas are also using the same brand.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
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