Philippine National Bank to offer up to $300 million of MTNs

By Marisa Wong

Morgantown, W.Va., May 24 – Philippine National Bank’s board of directors approved at its meeting on Friday the issuance of up to $300 million of notes, according to a Philippine Stock Exchange notice.

The notes, which may be upsized, will be issued under the bank’s $1 billion euro medium-term note program.

The commercial and retail bank is based in Pasay City, Philippines.

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