DoubleDragon Corporation has duly received the Permit to Sell dated September 11, 2025, from the Securities and Exchange Commission (SEC) in relation to the SEC approval of its 3.5-year and 5.5-year Peso Retail Bond Offering.
Rating: Triple A – The Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS
Aaa to DoubleDragon Corporation’s (DoubleDragon) bond
issue of up to Php10.9 Billion.
Coupon Rate: 7.7% per annum
Offer Period: September 11 to 15, 2025
PDEx Listing Date: September 19, 2025
Minimum: Fifty Thousand Pesos (Php 50,000)
Joint Issue Managers, Joint Lead Underwriters,
Bookrunners: RCBC Capital Corporation and UNICAPITAL, Inc. Selling Agents: LANDBANK and EASTWEST Bank
August 26, 2025; Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa (Triple A) to DoubleDragon Corporation’s (DoubleDragon) proposed bond issue of up to Php10.9 Billion
DoubleDragon expects this proposed Retail Bond Issuance by September 2025 at 7.7% fixed interest rate with tenors of 3.5 years and 5.5 years to demonstrate a positively robust capital market in the Philippines. This proposed DD double-seven retail bond issuance is expected to be boosted by the expected upcoming BSP interest rate reduction this week.
The Double-Seven 7.7% interest rate signifies number 7 twice, as 7 is a number believed by many as Lucky and the number forms similar to the shape of an auspicious Dragon.
DoubleDragon Corporation is also one of the few companies in the Philippines with credit rating PRS Aaa (Triple A) from Philippine Rating Services Corporation, the highest rating tier by PhilRatings.
DoubleDragon Corporation to issue Double-Seven Peso Retail Bonds of up to Php10.9 Billion intended for issuance in September 2025 to carry 7.7% fixed interest rate with tenors of 3.5years and 5.5years, from the remaining available unissued from its Bond Program set and approved by the SEC via shelf registration in 2024
DoubleDragon Corporation is also one of the few companies in the Philippines with credit rating PRS Aaa (Triple A) from Philippine Rating Services Corporation, the highest rating tier by PhilRatings
DoubleDragon’s net Debt-to-Equity ratio stands at 0.87x (one of the lowest D/E ratios among Philippine-listed companies). DD’s Total Equity now stands at Php102 Billion
DoubleDragon happens to be one of the very few companies that has not only positioned a diversified hard asset portfolio spread out across the Philippines, but it also happens to be one of the very few that has organically developed a novel asset-light concept and highly unique business model in Hotel101 (HBnB) that is portable and exportable to other continents globally. The export of Hotel101 is expected to eventually become one of the major US Dollar inflow generators to the Philippine economy
DoubleDragon’s string of titled investment properties strategically planted in prime locations spread out in Luzon, Visayas, Mindanao and Overseas serves as its strong underlying solid foundation This Retail Bond Tranche was decided to be issued earlier to capitalize on the September 2025 issuance window during which the DD Double-Seven Peso Retail Bond will be the only bond offering in the market Today, August 11, 2025, the Board of Directors of DoubleDragon Corporation approved to issue Double-Seven Peso Retail Bonds of up to Php10.9 Billion intended for issuance in September 2025 to carry 7.7% fixed interest rate with tenors of 3.5years and 5.5years, from the remaining available unissued from its Bond Program set and approved by the SEC via shelf registration in 2024.
This Retail Bond Tranche was decided to be issued earlier to capitalize on the September 2025 issuance window during which the DD Double-Seven Peso Retail Bond will be the only bond offering in the market.
PhilRatings assigned an Issuer Credit Rating of PRS Aaa (Triple A) to DoubleDragon Corporation. DoubleDragon is also one of the few companies in the Philippines with credit rating PRS Aaa (Triple A) from Philippine Rating Services Corporation, the highest rating tier by PhilRatings.
The pipeline capital initiatives at this stage of DoubleDragon’s growth is intended to further increase its cash position and further strengthen its Balance Sheet — all in line with the DoubleDragon’s goal to become a Tier-1 mature company by this year 2025.
DoubleDragon’s has exceeded Php 100 Billion in Total Equity. The Company is now one of the few companies in the Philippines with Total Equity at 12 digit level. DoubleDragon happens to be one of the very few companies that has not only positioned a diversified hard asset portfolio spread out across the Philippines, but it also happens to be one of the very few that has organically developed a novel asset-light concept and highly unique business model in Hotel101 (HBnB) that is portable and exportable to other continents globally. The export of Hotel101 is expected to eventually become one of the major US Dollar inflow generators to the Philippine economy.
DoubleDragon’s string of titled investment properties strategically planted in prime locations spread out in Luzon, Visayas, Mindanao and Overseas serves as its strong underlying solid foundation.
On top of its string of diversified hard assets portfolio in the Philippines, DoubleDragon happens to be one of the few companies in the Philippines that was able to organically develop a novel and unique business model and brand in Hotel101 that is highly portable and exportable to multiple continents.
DoubleDragon’s net Debt-to-Equity ratio stands at 0.87x (one of the lowest D/E ratios among Philippine-listed companies). DD’s Total Equity now stands at Php102 Billion.
DoubleDragon Corporation is chaired and co-chaired by two Filipino entrepreneurs — Mang Inasal Founder, Edgar “Injap” Sia II and Jollibee Founder, Tony Tan Caktiong.
