Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of the Ty-led holding firm GT Capital Holdings, Inc., has shortened the offer period for its maiden P2-billion bond issuance on strong investor demand.
Originally scheduled to run from Oct. 6 to 13, 2025, the offer period was closed on the second day, the company said in a statement Tuesday.
TFSPH said the early closing reflects the market’s confidence in the company.
The company said it would issue P2 billion worth of fixed-rate bonds in two series: two-year bonds due 2027 (Series A Bonds) and three-year bonds due 2028 (Series B Bonds).
The Series A Bonds will carry a fixed interest rate of 5.7725 percent, while the Series B Bonds will have a fixed rate of 5.9418 percent.
The bonds are set to be issued and listed on the Philippine Dealing & Exchange Corp. on Oct. 21, 2025.
