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ACCRALAW acted as counsel to the Joint Issue Managers, Joint Lead Underwriters, and Bookrunners, PNB Capital and Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation, in connection with Megawide Construction Corporation’s offering of Php5 Billion Fixed Rate Bonds, comprised of 7.6348% Series C Bonds due 2027, 8.0580% 5-year Series D Bonds due 2029, and 8.4758% 7-year Series E Bonds due 2031. The bonds were listed with the Philippine Dealing & Exchange Corp. on 11 July 2024.
Megawide Construction Corporation is one of the leading infrastructure and engineering innovators in the Philippines. It is one of the largest contractors for both private construction projects and Philippine government infrastructure projects.
The Firm’s lawyers from the Corporate and Special Projects Department, namely, Partner Everlene O. Lee, Senior Associate Dan Bernard S. Sabilala, and Associates Jose Lorenzo T. Roman and Iris Gizelle S. Agus, worked on the project.