The offer includes 5-year bonds due 2030 at 6.29 percent, 7-year bonds due 2032 at 6.66 percent, and 10-year bonds due 2035 at 6.83 percent.
This follows the company’s first tranche issuance of P11.4 billion in December 2023.
The offering is managed by a consortium of banks, including BDO Capital, BPI Capital, China Bank Capital, EastWest Bank, First Metro, Landbank, RCBC Capital, and SB Capital. Metrobank’s Trust Banking Group will act as the trustee for the issuance.