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Prospect News home > News index > List of issuers M > Headlines for Metropolitan Bank & Trust Co. (Metrobank) > News item
Published on 12/22/2015 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Philippines’ Metropolitan Bank & Trust calls 9% perpetual securities

By Angela McDaniels

Tacoma, Wash., Dec. 22 – Metropolitan Bank & Trust Co. will redeem its $125 million of 9% noncumulative step-up callable perpetual capital securities in full on Feb. 15, according to a company announcement.

Feb. 15 is the first optional redemption date for the securities, which were issued in 2006.

The bank is based in Makati City, the Philippines.


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