West zone concessionaire Maynilad Water Services Inc. (Maynilad) received a special citation at the 2025 Philippine Dealing System (PDS) Annual Awards held at Makati Diamond Residences recently for being the first issuer of ASEAN Blue Bonds in the Philippines.
The PDS Group, the country’s financial market infrastructure provider, recognized Maynilad’s significant role in advancing the local financial markets.
Maynilad listed its P15-billion blue bond on the Philippine Dealing & Exchange Corp. in July 2024, the first SEC-registered blue bond in the country, intended to finance sustainable water and wastewater projects.
The landmark issuance introduced a new model for financing environmental initiatives, further enriching the Philippine investment landscape. It also supports PDS Group’s mission of promoting market innovation and recognizing industry trailblazers.