Prospectus Summary: First Philippine Holdings Corporation (Preferred) (PSE:FPHP)
• Offered price: Php100 per share
• Issue Date: 30-Apr-2008
• Dividend yield of 8.7231% net for corporate clients and 7.85% net for individuals. Dividends payments is twice a year.
• Shares are preferred, perpetual, cumulative, non-voting, non-participating, and non-convertible.
• Optional Redemption at 5 years after the issue date at offer price. If not redeemed after 5 years, the dividend rate will be adjusted to whichever is higher of 8.7231% or 175bps on top of the 10yr PDS-TF.
Filed in: Fixed Income
Local date: September, 2010
« Prospectus Summary: Ayala Corporation Preferred Class “A” Shares (ACPA)
How and Where to Buy Treasury Bonds (T-Bond) of Developing Countries? »