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Rizal Commercial Banking Corporation (RCBC), one of the largest banks in the Philippines, has successfully listed its fixed rate peso-denominated Series F ASEAN Sustainability Bonds due 2028 (the "Bonds") in the aggregate amount of P12,212,500,000.00 on the Philippine Dealing and Exhange Corporation (PDEx) on July 17, 2025. The Bonds Carry a coupon of 6.00% per annum. Strong demand from investors resulted in an order book more than four times its announced minimum issue size of P3 billion. The Bank concluded its offering on July 9, 2025. The funds to be raised from the offer will be used to finance or refinance, in whole or in part, the eligible green and social categories as described in the Bank's Sustainable Finance Framework.
The Bons form part of RCBC's P200 Billion Bond nad Commercial Paper Programme (the "Prgoramme"). The offering marks the eighth time that the Bank has tapped the peso bond market and brings the total amount raised by RCBC from all bonds issuance since 2019 to P99.01 Billion, a record amount demonstrating investors' confidence in the various initiatives RCBC has taken to fuel the Bank's growth. |
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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