Converge Information and Communications Technology : Press Release
April 07, 2022 at 10:49 pm EDT
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SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported) Apr 8, 20222. SEC Identification Number CS2007160943. BIR Tax Identification No. 006-895-049-0004. Exact name of issuer as specified in its charter CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office New Street Building, Mc Arthur Highway, Balibago, Angeles City, PampangaPostal Code20098. Issuer's telephone number, including area code (02) 8667-08889. Former name or former address, if changed since last report N/A10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
7,526,294,461
11. Indicate the item numbers reported herein Item 9. Other events
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Converge Information and Communications Technology Solutions, Inc.CNVRG
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Converge lists P10-B maiden bond issue on PDEx
Background/Description of the Disclosure
Converge ICT Solutions Inc. listed on the Philippine Dealing & Exchange Corp (PDEx) its maiden bond issue of P10 billion, the first tranche of its shelf-registered P20 billion debt securities, on April 8, 2022.
The bonds were eight times oversubscribed amid strong demand from retail investors, banks, pension funds, insurance companies, and retirement funds, among others. It will carry a gross interest rate of 5.5942% per annum, fixed for the next 5 years until its maturity on April 8, 2027.
Other Relevant Information
Please see attachment for full press release.
Filed on behalf by:
Name
Owen Kieffer Ocampo
Designation
Investor Relations Director
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Converge Information & Communications Technology Solutions Inc. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 02:48:03 UTC.
Converge Information and Communications Technology Solutions, Inc. is a Philippines-based high-speed fixed broadband operator. The Company operates two businesses: residential and enterprise. The Company's residential business primarily offers high-speed fixed broadband postpaid and prepaid Internet services to its residential customers. Its enterprise business offers high-speed fixed broadband Internet services, private data network solutions, cloud and colocation services and other connectivity solutions to its enterprise customers of varying sizes, industries and types. The Company's residential business products and services include Fiber X, Fiber X Time of Day, The Game Changer, XCLSV, HomeBase, Condo Life with FiberX and Add-on. Its enterprise business products and services include flexiBIZ, Switch, Workplace SweldoMo, Workplace Hotel Management Software, Workplace Device Solutions, Carrier Ethernet, Converge Connect, Colocation, DC Express and Dedicated Internet Access.