Robinsons Land Corporation

08/08/2022 | Press release | Distributed by Public on 08/07/2022 23:03

Clarification of News Reports

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported) Aug 8, 20222. SEC Identification Number 93269-A3. BIR Tax Identification No. 000-361-376-0004. Exact name of issuer as specified in its charter ROBINSONS LAND CORPORATION5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Level 2, Galleria Corporate Center, EDSA corner Ortigas Avenue, Quezon City, Metro ManilaPostal Code11008. Issuer's telephone number, including area code (02)8397-18889. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock 5,093,968,285
Registered Bonds 14,554,780,000
11. Indicate the item numbers reported herein 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Robinsons Land CorporationRLC

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Clarification of News Article - "SEC approves RLC's P15 billion bond offering"

Source philSTAR.com
Subject of News Report SEC approves RLC's P15 billion bond offering
Date of Publication Aug 7, 2022
Clarification of News Report

We write with respect to the news article entitled "SEC approves RLC's P15 billion bond offering" posted in philSTAR.com, it was reported in part that:

"MANILA, Philippines - Robinsons Land Corp. (RLC) has received the green light from the Securities and Exchange Commission (SEC) to raise as much as P15 billion via the initial tranche of its P30 billion debt program.

…

For the first tranche, the listed property developer is offering to the public up to P10 billion of Series E bonds due 2025 and Series F bonds due 2027, with an oversubscription option of up to P5 billion.

The company could net up to P14.81 billion from the initial offer, assuming the oversubscription option is fully subscribed.

…."

We confirm that Robinsons Land Corporation (RLC) has received the favorable consideration of the Securities and Exchange Commission (SEC) in a pre-effective letter dated August 4, 2022 in relation to RLC's debt securities program with an initial offer of up to Ten Billion Pesos (Php10,000,000,000.00) with an oversubscription option of up to Five Billion Pesos (Php5,000,000,000.00) fixed rate bonds consisting of Series E bonds due 2025 and Series F bonds due 2027. The pre-effective letter contains certain conditions to be complied with by RLC before the Order of Registration and Permit to Sell is issued by the SEC.

Other Relevant Information

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Filed on behalf by:
Name Juan Antonio Evangelista
Designation Corporate Secretary