RCBC eyes P3B raise via sustainability bonds, sets July 17 listing

June 9, 2025
10:34AM PHT

The billionaire Yuchengo family-led Rizal Commercial Banking Corp. is targeting to raise at least P3 billion from peso-denominated sustainability bonds, with the offer opening on June 25 and the listing set for July 17, 2025.

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. 

Featured News
Explore the latest news from InsiderPH
Monday, 9 June 2025
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.