Capital Notes January-March 2013

First Metro Investment posts 2.3 billion income in the first quarter of 2013

First Metro Annual Stockholders' Meeting

GT Capital's P21.567 billion IPO wins Deal of the Year

First Metro dominates PDS awards 2012

Team UP-Cebu leads collegiate stock market challenge

FirstMetroSec brings Philippine companies to the DBSVickers Pulse of Asia Conference in Singapore

First Metro Investment posts P3.3 billion income in 2012

Roubini speaks at the Philippine Investment Summit 2013

First Metro wins fourth consecutive Best Bond House award

Philippines on the Rise

Capital Notes October-December 2012

RP lists USD500 million Onshore Dollar Bonds

First Metro brings Nouriel Roubini at the PH Investment Summit

Rockwell Land Php 10.0 Billion Corporate Notes

First Metro Investment wins fourth consecutive Best Bond House Award

First Metro Investment Capital Markets forum

First Metro, Puregold sign P5-B Notes Facility Agreement

First Metro Investment ends the 3rd quarter with a P2.6 billion income

FirstMetroSec, DBS Vickers sign research collaboration

Stock X Challenge 3 kicks off

First Metro intends to delist

FirstMetroSec, DBS Vickers sign research collaboration

First Metro Bigay Liwanag 2012

Capital Notes July-September 2012

First Metro wins PIFA awards anew

Metrobank, First Metro arrange CIRTEK Corporate Notes

First Metro Investment cited as Best Equity House

First Metro Investment lists P7 billion Fixed Rate Corporate Bonds on PDEx

First Metro wins nine PIFA awards

First Metro Investment posts P1.9 billion income at the end of 1H 2012

First Metro Bigay Liwanag 2012

First Metro steps-up nationwide capital markets awareness campaign

First Metro Investment cited as Best Equity House in the Philippines

Regional schools barge into Stock X Challenge Top 10

Stock X Challenge winner

Philippines upgrades says First Metro Investment

First Metro Investment wins corporate governance award anew

First Metro President recognized by Chiang Kai Shek College

First Metro Investment’s income up 127% in the first quarter of 2012

P323.4 billion Domestic Debt Consolidation Program deal managed by First Metro won The Banker’s Deal of the Year

First Metro Investment Corporation Annual Stockholders Meeting

First Metro bags PDS Group awards

GT Capital Holdings, Inc. Initial Public Offering

UP dominates Stock X Challenge

Capital Notes January-March 2012

The Asset awards First Metro Investment as Best Domestic Bond House in the country

Stock X Challenge: Winning Techniques

First Metro-managed funds continue strong performance

First Metro, Metrobank lead the signing of the Meralco Notes Facility Agreement

Economic outlook briefing

Philippines upgrades says First Metro Investment

First Metro Inspires, Cares

Capital Notes October-December 2011

First Metro kicks-off “Stock X Challenge”

First Metro Investment is Best Bond House anew

FirstMetroSec V2.0 launched with iPAD application

First Metro Lists at PDEx

First Metro Investment Corporation lists P5-B Fixed Rate Corporate Bonds on PDEx

First Metro Investors Center in Cebu

First Metro-PSE-CEAP Stock X Challenge Portfolio Management Seminar

First Metro P5-B Corporate Bonds

First Metro inaugurates Investors Center in Cebu City

First Metro Investment posts P1.8 billion income at the end of Q3 2011

First Metro Investment Summit

Metrobank, First Metro arrange PH investment summit

Metrobank, First Metro Arranged Pancake House Corporate Notes

First Metro 'Bigay Liwanag' in Makati

First Metro, Mitsui MOA for Toyota Dealership

First Metro Investment signs MOA with Mitsui for nationwide Toyota dealership

Best Bond House in the Philippines

First Metro brings back collegiate stock trading competition

Bigger, more exciting Stock X Challenge expected

First Metro Save & Learn Funds take home nine PIFA awards

First Metro wins corporate governance award

First Metro Investment is Best Bond House in the Philippines

Beacon Electric Asset Holdings P11-B Corporate Notes

First Metro sees return to robust growth in the second half of 2011

Davao online trading with First Metro Securities

First Metro Investors Center

First Metro inaugurates Investors Center

First Metro Investment posts P431.4 million profit in the 1st quarter of 2011

FMSBC’s Online Trading Facility launched in Cebu

Rockwell Land raises P4.0 billion from corporate notes issue

FMIC Annual Report 2010:
Creating Opportunities
Executing Possibilities


First Metro Annual Stockholders' Meeting

Manila Water P10-B Corporate Notes

SM Prime raises P5.0 billion from 5-year floating rate notes

Intercollegiate Stock X Challenge winner

FMIC economic and investment briefing

Federal Land, Inc. raises P6.6 billion from its Maiden Notes Issuance

Renewable energy partnership

First Metro, Global Power collaborate to develop renewable energy

Pro-Friends issues P1.5-B Corporate Notes

First Metro Investment Awarded by the PDS Group

Stock X Challenge Series 1 Evaluation Seminar

First Metro Investment’s profits up by 68%

First Metro Investment is 'Best Domestic Bond House' anew

'BIGAY LIWANAG' for Magat Salamat Students

First Metro Investment launches new website

FMIC says prospects in 2011 still rosy but sees rising oil as biggest threat

First Metro Economic Briefing in Cebu

FMIC-PSE-CEAP Stock X Challenge Commences

Bureau of the Treasury Debt Consolidation Program

GT Capital Holdings raises P5-B from maiden notes issue

Stock X Challenge Portfolio Management Seminar

FAMI Speaks on Common Sense Investing

First Metro-PSE-CEAP Stock X Challenge Registration Period Extended

FAMI Celebrates Fifth Year Anniversary

First Metro Investment 9-month Profits Up by 63%

First Metro Securities Unveils On-line Trading Facility

Stock Trading Competion For College Students

First Metro Investment Completes Its New Treasury and Risk Management Software with IP Converge Data Center (IP-C) and Credence Analytics (CA)

Photo Release: First Metro Investment Corp. (FMIC) Conducts ‘Bigay Liwanag’ On Its Third Year.

Photo Release: KsK Coop Formalized Accreditation of FAMI’s Save and Learn Mutual Funds

FAMI Save & Learn Mutual Funds win in the ICAP Awards

FMIC 1H10 Profits Jumps by 60%

FMIC Bullish on the Philippine Economy in 2010

First Metro Investment’s Profits Up by 65%

Photo Release: 12TH Retail Treasury Bond Offering

Photo Release: Retail Treasury Bond Roadshow

First Metro Investment’s Profits Surged 158%

Renewable energy sector needs funding support, says First Metro Investment

PSALM Plans to Issue P20 Billion in Retail Bonds

Top Fixed-Income Dealing Participant

Top Depository Brokering Participant

Metro Pacific and Piltel JV Inks P18.0 Billion Debt Facility with Nine Financial Institutions

FAMI Launches its Monthly Investment Program for Catholic Schools’ Employees

Panay Energy Development Signs P14.0 Billion Financing Package

First Metro Investment is Best Domestic Bond House in the Philippines Twice in A Row

First Metro Investment Corporation Holds Briefing on 2010 Economic and Financial Markets Outlook

The Philippine government’s P323.4 billion Domestic Debt Consolidation Program won The Banker Magazine’s Deal of the Year 2012 for SSA (Sovereign, Supras and Agencies) Bonds category in Asia Pacific. The deal bested over 500 entries and only one winner was selected for each of the 10 categories across every region.

The deal is the sixth and historically the largest domestic debt exchange by the Republic of the Philippines. In the transaction, P292.5 billion worth of eligible bonds were swapped for new benchmark issues, which are due 2022 and 2031. The total issue size was P323.4 billion which was divided into a 10-year P67.6 billion-bond and a 20-year P255.8 billion-bond, with coupon rates of 6.375% for the 10-year and 8% for the 20-year bond.

The exchange program smoothened and extended the debt maturity profile of the Philippines by reducing the maturity hurdles from bonds that were due to mature in the next few years. Of the bonds that were swapped, 75% had maturities that were due between 2011 and 2017, and the program successfully reduced the near-term maturity hurdles. The deal also lengthened the average maturity of the portfolio of eligible bonds by 37.9% from 5.48 years to 7.56 years.

The deal has also paved the way for long-term financing in line with initiatives to promote public-private partnerships in infrastructure projects and has deepened the Philippine capital markets.

The entries were judged based on a wide range of criteria with a strong emphasis on the degree to which the objectives of deals were met as well as deal complexity, innovation, speed of execution and pricing performance.

First Metro Investment Corporation together with BPI Capital, Citicorp Capital Philippines and SB Capital and Investment Corporation were the joint deal managers for this transaction. Deal Coordinators were Development Bank of the Philippines and Land Bank of the Philippines.

After receiving the award from The Banker, First Metro Investment Corporation president Roberto Juanchito Dispo said, “This landmark deal did not only enable the government to reduce the bunching of debt maturities, giving more room in the use of its funds for necessary spending, it has also more importantly reaffirms the growing investor confidence in the Philippines.”

The Banker’s Deal of the Year recognizes the most impressive transactions in FIG capital raising, M&A, corporate bonds, SSA bonds, infrastructure and project finance, equities, loans, restructuring, Islamic finance and trade Finance. The Banker is a London based international financial affairs publication owned by The Financial Times Ltd.