November 28, 2016
SEC-MSRD ORDER NO. 039-16
IN THE MATTER OF DOUBLEDRAGON PROPERTIES CORP., registrant.
REGISTRATION OF DEBT SECURITIES (UNDER SHELF REGISTRATION)
ORDER
Upon consideration of the Registration Statement and other papers and documents attached thereto filed on behalf of DOUBLEDRAGON PROPERTIES CORP., the Commission, in its meeting on 24 November 2016, favorably considered the application for the shelf registration of FIFTEEN BILLION PESOS (P15,000,000,000.00) worth of Fixed Rate Bonds, in accordance with the requirements of Sections 8 and 12 of the Securities Regulation Code.
For the first tranche, the company applied to offer up to FIVE BILLION PESOS (P5,000,000,000.00) with an over-subscription option of up to FIVE BILLION PESOS (P5,000,000,000.00) worth of Ten-Year Fixed Rate Bonds Due 15 December 2026.
In this regard and determining that the company has complied with the required submissions as directed in the Pre-effective Letter issued on 24 November 2016, the subject Registration Statement is now rendered effective.
Let a Certificate of Permit to Offer Securities for Sale authorizing the sale and distribution of up to FIVE BILLION PESOS (P5,000,000,000.00) with an over-subscription option of up...
