By Marisa Wong
Los Angeles, Feb. 11 – East West Banking Corp. (EastWest) announced it priced PHP 2 billion of fixed-rate bonds due 2023 with a coupon of 4˝%.
The maiden bond offer began on Monday and runs until Friday.
Unicapital, Inc. is the lead arranger and a selling agent alongside EastWest.
Settlement is slated for Feb. 21.
EastWest is based in Taguig City, Philippines.
| Issuer: | East West Banking Corp.
|
| Issue: | Fixed-rate bonds
|
| Amount: | PHP 2 billion
|
| Maturity: | 2023
|
| Arranger: | Unicapital, Inc.
|
| Coupon: | 4˝%
|
| Offer period: | Feb. 10-Feb. 14
|
| Settlement date: | Feb. 21
|
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