New Issue: Union Bank of the Philippines sells $300 million 2 1/8% notes due 2025

By Taylor Fox

New York, Oct. 22 – Union Bank of the Philippines issued $300 million 2 1/8% notes due 2025 (ISIN: XS2244367269), according to an announcement.

Citigroup Global Markets Ltd., MUFG Securities Asia Ltd. and Standard Chartered Bank are the lead managers and bookrunners.

The bank is based in Pasig City, Philippines.

Issuer:	Union Bank of the Philippines
Amount:	$300 million
Description:	Notes
Maturity:	2025
Bookrunners:	Citigroup Global Markets Ltd., MUFG Securities Asia Ltd. and Standard Chartered Bank
Distribution rate:	2 1/8%
Agent:	Deutsche Bank AG, Hong Kong Branch
Settlement date:	Oct. 22
Distribution:	Regulation S

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