Jose Antonio prepares to raise P3B in funding for massive projects
Century Properties Group Inc. aims to raise as much as P3 billion from the sale of fixed-rate peso denominated retail bonds .
The management has authorized the company to file the registration statement with the Securities and Exchange Commission.
CPG recently signed a deal with Davao-based businessman Dennis Uy’s Global Gateway Development Corp. to jointly develop 2.6 hectares of the Clark Global City in Pampanga into a mixed-use complex.
Clark Global City will host top-grade office buildings, up-market retail outlets, contemporary academic centers, sports centers, an urban park, an iconic tower, and an integrated resort and casino.