Playbook - Contingency Funding Plans

CONTINGENCY
FUNDING PLANS

Liquidity Buffer

CREDIT LINE
Availment Procedure
0 1 Seek Bank's Proposal

Secure Mandate Minimum of 02
1 month
 Management Committee
 Appropriate Board Committees
 Full Board

0 3 > 6 months Commence Discussion
< 8 months with various Regulatory
Government Agencies

Obtain approvals from Regulators/
Government Agencies
 Bangko Sentral ng Pilipinas
 Monetary Board

Final legal documents Minimum of
0 4printed and signed
1 month

BOND FLOTATION
Availment Procedure

01 Structuring Bond Issue Maximum of 1 month

Secure Mandate Maximum of 1 month
 Management Committee >1 month to <3 months
 Appropriate Board Committees >8 months to <12 months
 Full Board >3 months to <5 months
>1 month to <3 months
02 Selection of Financial Advisor
>8 months to <12 months
Issuance of formal mandate to
engage with the Financial Advisor >5 months to <6 months
and Underwriter

03 Due Diligence

Identification of collateral portfolio
(in case of Secured Bond Float)

04 Engage/Commence
Discussion with HGC

05 Selection & Appointment of

Bond Issuance Team

06 Commence Discussion with
Various Regulatory

Government Agencies

Obtain approvals from Regulators/

Government Agencies
 Department of Finance
 Bangko Sentral ng Pilipinas
 Monetary Board
 Securities & Exchange Commission

Secure credit rating from the Credit

Information Bureau, Inc. to gain

confidence of Investors

BOND FLOTATION
Availment Procedure

07 Structuring >5 months to <6 months

Commence discussion with: >8 months to <12 months
 Lead Managers or Lead Underwriter
 Registrar Maximum of 1 month
Maximum of 1 month
08 Preparation of Draft Maximum of 1 month
Maximum of 1 month
Documents by Legal Maximum of 1 month
Counsel Maximum of 1 month
Maximum of 1 month
09 Final Legal Documents
Printed

10 Program Documents
Signed

11 Dutch Auction

12 Launching and Roadshow

13 Underwriting Agreement

Signed

14 Closing

15 Debt Servicing and

Payment of Principal

SECURITIZATION
Availment Procedure

• Conceptualization 01 Selection of Financial
• Secure Mandate Advisor
02
 Maximum of 1 month

 Maximum of 2 months

Due Diligence 03
 >8 months to <12 months
Engage/commence
Commence Due 05
Diligence 04 discussion with HGC

 >3 months to <5 months  >1 month to <3 months

Structuring 07 Commence Discussion with
 >6 months to <8 months
06 various Regulatory/
Final Legal Documents
printed Government Agencies
 >8 months to <12 months

Preparation of Draft

08 Documents by Legal Counsel

 >8 months to <12 months

09

Commence Pre-Marketing Program Documents
 Maximum of 1 month
10 Signed

 Maximum of 1 month

11

Preparation for First 13 Draft Presentation
Tranche Issuance 15
 Maximum of 1 month 12 materials

Underwriting Agreement  Maximum of 1 month
Signed
Start of
 Maximum of 1 month
14 Offering/Launching

 Maximum of 1 month

16 Closing

 Maximum of 1 month