The five-year bonds, paying a fixed rate of 6 percent annually, will be offered to the public from Sept. 22 through Oct. 17, 2025.
Management’s view
“We’re excited about this peso bond offering as it further strengthens Security Bank’s funding base and supports our growth and lending activities,” said Jim Yap, Security Bank executive vice president and financial markets segment head.
“At the same time, it gives investors a high-quality peso investment with stable, predictable returns – underscoring the Bank’s financial strength and commitment to our clients,” he added.
How to purchase the bonds?
The notes will be listed on the Philippine Dealing and Exchange Corp. on Oct. 29, providing secondary market liquidity for investors.
Proceeds will be used to fund the bank’s lending activities and support expansion under its P200 billion Peso Bond and Commercial Papers Program.
Minimum investment has been set at P500,000, with increments of P100,000 thereafter. Philippine Commercial Capital Inc. and Security Bank Capital Investment Corp. are serving as joint bookrunners, joint lead arrangers, and selling agents for the issue.
—Edited by Miguel R. Camus
