Global Dominion raises funding from maiden corporate notes issue

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GLOBAL Dominion Financing Inc. (Global Dominion) made its maiden foray into the debt capital markets with the signing of its up to P1 billion fixed-rate corporate notes facility at the end of 2023. Proceeds from the notes issuance were to be utilized by the company to support and further grow its loan portfolio, refinance existing short-term debt obligations and for general working capital requirements.

The corporate notes had its initial drawdown last in November 2023, and were set to mature in 3 years from initial drawdown date. The notes issuance was arranged by SB Capital Investment Corp., the wholly-owned investment banking arm of Security Bank Corp.

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