E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/15/2009 in the Prospect News Emerging Markets Daily.

Philippine National Bank to call subordinated debt

By Devika Patel

Knoxville, Tenn., Jan. 15 - Philippine National Bank announced it intends to redeem its PHP 3 billion in unsecured subordinated debt prior to maturity in 2015.

The Pasay City, Philippines-based commercial and retail bank will exercise its call option on Feb. 17.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.