MPTC Completes Offer period for its Maiden Bond Issuance

Metro Pacific Tollways Corporation (“MPTC” or the “Company”) completed, on 21 November 2025, the public offer period for its maiden bond offering of PHP 15 Billion SEC-registered fixed-rate Philippine Peso-denominated bonds (the “Base Offer”) with an oversubscription of up to PHP 5 Billion (the “Oversubscription Option”, together with the Base Offer, the “Offer”), to be issued in three (3) series: 5.5443% 3-year fixed rate Series A Bonds due 2028, 5.7879% 5-Year fixed-rate Series B Bonds due 2030, and 6.3069% 10-Year fixed-rate Series C Bonds due 2035 (the “Bonds”). 

 The public offer period ran from 17 November 2025 to 21 November 2025 and successfully raised PHP 20 Billion in total proceeds. Driven by strong investor interest from both retail and institutional investors, the Offer received total orders of more than PHP 46 Billion, 3.1x the base offer.  

 MPTC intends to issue and list the bonds at par on the Philippine Dealing & Exchange Corp. (“PDEx”) on 2 December 2025, with interest to be calculated on a 30/360-day count basis and paid quarterly in arrear. Philippine Ratings Services Corp. (“PhilRatings”) has rated the bonds with a PRS Aaa rating with Stable Outlook on 26 September 2025. The Offer remains subject to satisfaction by MPTC of all applicable regulatory requirements. 

 The net proceeds from the Offer are intended to partially finance equity/advances for the Manila Cavite Expressway (CAVITEX), Cavite Laguna Expressway (CALAX), and Lapu Lapu Expressway (LLEX) roadway infrastructure, refinance existing bridge facilities used to fund new investments, as well as fund other general corporate purposes. 

 BPI Capital Corporation and First Metro Investment Corporation are the Joint Issue Managers, and together with BDO Capital & Investment Corporation, China Bank Capital Corporation, PNB Capital and Investment Corporation, and Security Bank Capital Investment Corporation, are the Joint Lead Underwriters and Joint Bookrunners for the Offer. 

 About MPTC 

MPTC is the Philippines’ premier toll road developer and operator, which manages the following portfolio of expressways, namely, the CAVITEX, the North Luzon Expressway (NLEX), Subic-Clark-Tarlac Expressway (SCTEX), Cavite-Laguna Expressway (CALAX), Cebu-Cordova Link Expressway (CCLEX), and the NLEX Connector. MPTC also extends its expertise beyond the Philippines and holds investments in the ASEAN region, and provides digital transformation and mobility innovation services through its subsidiaries. 

 The MPTC business address is at the 5th Floor, Rockwell Business Center Tower 1, Ortigas Avenue, Pasig City, Philippines. The Company’s telephone number is (+632) 8866 7650, and its corporate website is https://www.mptc.com.ph, where the Prospectus dated 13 November 2025 relating to the Offer can be obtained.