DoubleDragon rates retail bond offering at an 'auspicious' 8.008%

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Doubledragon News

Commercial and residential real estate development firm DoubleDragon Corporation has priced its retail bond offering at 8.008% per annum.

US NASDAQ Stock Exchange congratulates DoubleDragon’s Hotel101 Global in a message at the iconic NASDAQ Tower Billboard in Times Square in New York City. Hotel101 Global and JVSPAC Acquisition Corp recently signed a $2.3 billion binding merger agreement paving the way for the former’s Nasdaq listing slated to be completed by the third quarter.MANILA, Philippines— DoubleDragon Corporation, a commercial and residential real estate development company, has priced its retail bond offering at 8.

The DD chief noted that the public's involvement in a retail bond offering at an 8.008% coupon rate would be significant. “ happen to be one of the very few companies that has not only positioned a diversified hard asset portfolio spread out across the Philippines. 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 that is portable and exportable to other continents globally,” DoubleDragon stated.

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