Php 7 Billion Bond Offer

NLEX Corporation, formerly MNTC, made its maiden retail-bond listing at the Philippine Dealing and Exchange Corporation (PDEx) with the issuance of Php 7 billion aggregate principal amount of fixed rate bonds on March 31, 2014.  The bonds were divided into two tranches:  seven- and ten-year fixed rate securities due in 2021 and 2024, respectively.

A total of Php4.4 billion was allocated to the seven-year tranche which has a coupon rate of 5.07% per annum, and the remaining Php 2.6 billion are the ten-year bond with a 5.5% annual rate.

To invest in NLEX Corporation bonds, investors may contact any of the market makers, namely:  BDO Unibank Inc. and First Metro Investment Corporation, or through any of the general broker specialists of PDEx for listed corporate securities.

ISSUER ISSUE SERIES CODE ISSUER TYPE OUTSTANDING ISSUE AMOUNT

(Php Billio​ns)

COUPON RATE ISSUE DATE MATURITY DATE
MNTC Fixed Rate Bonds due 2021 MNTC 21 R19 Corporate 4.40 5.0700% 31 Mar 2014 31 Mar 2021
MNTC Fixed Rate Bonds due 2024 MNTC 24 R21 Corporate 2.60 5.5000% 31 Mar 2014 31 Mar 2024

Net proceeds of the offer will be used to partially fund the 5.65 km Segment 10 of the NLEX Project which will connect the MacArthur Highway in Valenzuela City to C-3 Road in Caloocan City.

The bonds have been rated PRS Aaa by the Philippine Ratings Services Corporation — the highest rating assigned by the company. Obligations rated PRS Aaa are of the highest quality with the minimal credit risk and reflects the obligor’s extremely strong capacity to meet its financial commitment.

FINANCIAL REPORTS

2017(click icon to view)
2016
2015
2014
 
3Q 2017
2Q 2017
1Q 2017
3Q 2016
2Q 2016
1Q 2016
2Q 2015
 
2017 Declaration of Cash Dividends 2017 Toll Rate Matrix Publication
 2017 Results of the Board Meeting
 2017 Results of the AGM and Organizational Board Meeting
 2017 Results of the Board Meeting
2017 Results of Plan and Articles of Merger
 2017 Results of the BOD Meeting
2017 Results of the Amendment of Corporate Name
 2016 Disclosure of the Declaration of Cash Dividends
 2016 Signing of Connector Road TCA
 2016 Results of MNTC AGM and Org Board
 2016 Disclosure on Change of Name
 2016 Disclosure on MNTC and TMC Merger
2016 Results of the Board Meeting – Resignation of ASF and Election of LPL
 2016 Disclosure on the Cash Dividends
2016 Preliminary Information Statement
 2016 Disclosure on the Postponement of Annual Stockholders Meeting
 2016 Disclosure on the Joint Certification with DPWH on NLEX-SLEX Connector Road Project
 2016 Disclosure with the loan Agreement with UnionBank
 2015 Disclosure on the Declaration of Cash Dividends
 2015 Disclosure on the SCTEX turnover
2015 Disclosure on the formation of Subsidiary
 2015 Disclosure on the Results of the Annual general meeting
2015 Disclosure on the results of the Board Meeting
 2015 Disclosure on the Amendment of Articles of Incorporation
 2015 MNTC’s first Quarter Core Income
 2015 Disclosure of the Rescheduling of MNTC AGM
 2015 Disclosure on the Opening of Segment 9
 2015 Disclosure on the acceptance of the notice of Award of SCTEX
2015 Disclosure on the Election of new Director
2015 Disclosure on the Receipt of Notice of Award to SCTEX
2015 Disclosure on the BCDA’s Price Challenge on the Privatization of SCTEX tollway
2014 Disclosure on the reply of BCDA’s publication of invitation of Price Challenge on the Privatization of SCTEX tollway
 2014 Disclosure on the Approval of Rescheduling of the Annual Stockholder’s Meeting
2014 MNTC Financial Performance
2014 Disclosure of the Rescheduling of the Annual Stockholder’s Meeting
 2018 Certificate of Board of Directors Attendance
 2018 Certificate of Corporate Governance
 2017 Nlex Corporation New Email Address
 2017 Confirmation of News Article (C-5 Expressway)
 2017 General Information Sheet
2017 Results of Plan and Articles of Merger
 2017 Initial Statement of Beneficial Ownership of Securities-TOW
2017 Initial Statement of Beneficial Ownership of Securities-RVB
 2017 Initial Statement of Beneficial Ownership of Securities-RSQ
 2017 Initial Statement of Beneficial Ownership of Securities-RLI
2017 Initial Statement of Beneficial Ownership of Securities-LMW
2017 Initial Statement of Beneficial Ownership of Securities-JJM
2017 Initial Statement of Beneficial Ownership of Securities-CCL
2017 Letter to SEC re Proof of Publication
 2017 Nlex Corporation Definitive Information Statement
2017 Initial Statement of Beneficial Ownership of Securities- Antonette C Tionko
 2017 Nlex Corporation Preliminary Information Sheet
 2016 Preliminary Information Sheet
 2016 Initial State of Beneficial Ownership of MOSanson
 2016 Attendance of Board of Directors
 2016 Certification of Corporate Governance
2016 Certification of Independent Directors
 2016 Definitive Information Sheet
2016 Initial Statement f Beneficial Ownership of MNTC Director Mr. Liberato Laus
 2014 Letter re Certificate of Attendance of Key Officers to Corporate Governance Training
 2014 Statement of Beneficial Ownership
 2014 Prospectus
 2014 MNTC Information Statement