These bonds carry a tenor of 1.5 years with a fixed annual interest rate of 6.5635 percent, and are part of BankCom's P20 billion bonds program. Sched
The notes are scheduled for issuance and listing on the Philippine Dealing & Exchange Corp. on May 16 this year, with proceeds going toward refinance maturing debt obligations.
BankCom earlier tapped ING Bank N.V., Manila Branch (ING) and Philippine Commercial Capital as joint lead arrangers and joint bookrunners and selling agents for the offer.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.