Philippines’ Rizal plans dollar-denominated five-year tier 1 notes

By Sarah Lizee

Olympia, Wash., Aug. 18 – Rizal Commercial Banking Corp. plans to offer dollar-denominated perpetual non-call five-year non-cumulative subordinated additional tier 1 securities (expected: Ba3), according to a notice.

Credit Suisse has been mandated as global coordinator and bookrunner and will arrange a series of fixed income investor calls starting on Tuesday for the Regulation S notes.

The bank is based in Makati City, Philippines.

© 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.