The bank aims to raise fresh funds through peso-denominated fixed-rate bonds to support asset growth, refinance debts, and potentially fund sustainable projects aligned with its green finance framework.
The bank will offer the remaining unissued bonds in various tranches, depending on market conditions and internal assessments.
Each issuance may differ in amount, tenor, and interest rate, and will be subject to final management approval.
Since launching the program in 2019, RCBC has already raised P86.8 billion, including a P14.8-billion issuance completed in February 2022.