FILINVEST Development Corp. (FDC) will be issuing peso-denominated fixed-rate bonds of up to P10 billion, inclusive of oversubscription, in the first quarter of 2024.

The company's executive committee, in a meeting on Friday, authorized the P10-billion bond issue as the first tranche of a proposed shelf registration totaling P32 billion, Filinvest told the stock exchange.

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