March 14, 2017
SEC MSRD ORDER NO. 008-17
IN THE MATTER OF MEGAWORLD CORPORATION., 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 MEGAWORLD CORPORATION, the Commission, in its meeting of 9 March 2017, favorably considered the application for shelf registration of Thirty Billion Pesos (P30,000,000,000.00) worth of Fixed Rate Bonds, in accordance with the requirements of Sections 8 and 12 of the Securities Regulation Code. HTcADC
For the first tranche, the company applied to offer up to Eight Billion Pesos (P8,000,000,000.00) with an over-subscription option of up to Four Billion Pesos (P4,000,000,000.00) worth of 7-year Series B Fixed Rate Bonds Due 2024 with an interest rate of 5.3535% per annum.
In this regard and after determining that the company has complied with the required submissions as directed in the Pre-Effective Letter issued on 9 March 2017, 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 Eight Billion Pesos...
