Published on 2/5/2020 in the Prospect News Emerging Markets Daily.
New Issue: Philippine Savings Bank sells PHP 4.65 billion 4˝% three-year bonds
By Marisa Wong
Los Angeles, Feb. 5 – Philippine Savings Bank (PSBank) announced it raised PHP 4.65 billion from an offering of 4˝% three-year bonds.
This is the second tranche under the bank’s PHP 40 billion funding program.
PSBank is a Makati City, Philippines-based subsidiary of Metrobank Group.
Issuer: | Philippine Savings Bank
|
Issue: | Bonds, second tranche
|
Amount: | PHP 4.65 billion
|
Maturity: | Three years
|
Coupon: | 4˝%
|
Announcement date: | Feb. 4
|
© 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.