The offer period, originally set for Oct. 14 -28, ended over a week early.
The Series A bonds have a 1.5-year tenor with a fixed interest rate of 6.0796 percent per annum. This is the first tranche under PBCOM’s P15-billion Peso Bond Program.
Bonds will be issued and listed on the Philippine bond exchange on Nov. 5, 2024.
Proceeds will fund corporate purposes like debt refinancing and loan growth. ING Bank served as the sole arranger and bookrunner, with both PBCOM and ING as selling agents.
