The bond issuance marks the bank’s eighth drawdown from its P200 billion bond and commercial paper program.
With a 2.5-year tenor, the funds will be used to finance or refinance eligible green and social projects under RCBC’s Sustainable Finance Framework.
Standard Chartered Bank and RCBC Capital are joint lead arrangers and bookrunners, while both banks will also act as selling agents.
The public offer will run until July 9, subject to market and management conditions. RCBC has applied for an ASEAN Sustainability Bond label from the Securities and Exchange Commission, though final confirmation is still pending.