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Century Properties Secures Majority Bondholder Consent Ahead of Schedule

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Century Properties Group (PSE:CPG) said it has secured consents from bondholders holding more than 50% of each tranche of its outstanding peso bonds under its consent solicitation exercise.

These include its 2027, 2028, and 2030 fixed-rate peso bonds, according to a Friday filing with the Philippine Stock Exchange.

As a result, the company said the consent solicitation period was terminated at 12:00 noon on June 5, earlier than scheduled.

The company added that no further consent forms will be accepted after the termination date.

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