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Rizal Commercial Banking Corporation ("RCBC" or the "Bank"), one of the largest banks in the Philippines, successfully raised P20.5 billion fixed rate peso-denominated Series G ASEAN Sustainability Bonds due 2029 (the "Bonds") and listed on the Philippine Dealing and Exchange Corporation today, April 8, 2026. The Bonds carry a fixed coupon of 6.08% per annum. This is a significant milestone as RCBC's largest peso-denominated issuance to date. The Bonds saw robust demand from retail and institutional investors resulting to an orderbook more than four times the announced minimum issue size of P5.0 billion. Moreover, the Bank raised its record size within four days of public offer, concluding its offering on March 17 ahead of the original timeline on March 27, 2026.
In line with RCBC's sustainability commitments, the funds 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 Bonds from part of RCBC's P200 Billion BOnd and Commercial Paper Programme (the "Programme"). The offering marks the ninth time that the Bank has tapped the peso bond market and brongs aggregate amount of bond issuancs since 2019 to P119.5 billion. The success of this issuance demonstrates resilient investor confidence in the various initiatives RCBC has taken to fuel the Bank's growth. Standard Chartered Bank (SCB) and RCBC Capital Corporation acted as Joint Lead Arrangers and Bookrunners for this offer. The Selling Agents were RCBC and SCB. RCBC is a leading financial services provider in the Philippines offering a wide range of banking and financial products and services. RCBC is engaged in all aspects of traditional banking, investment banking, microfinance, retail financing (auto, mortgage and housing loans, and credit cards), remittance. leasing, foreign exchange, and stock brokering. RCBC is a member of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates in South East Asia. |
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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 ADVERTISEMENT Categories
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