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Published on 11/21/2007 in the Prospect News Emerging Markets Daily.

New Issue: Philippines' Banco de Oro prices PHP 10 billion 10-year notes with a coupon of 7%

By Aaron Hochman-Zimmerman

New York, Nov. 21 - Banco de Oro - EPCI, Inc. priced PHP 10 billion 10-year lower tier II notes with a coupon of 7%, according to a press release.

The notes feature five years of call protection.

Banco de Oro is a Manila-based commercial and retail bank.

Issuer:Banco de Oro - EPCI, Inc.
Amount:PHP 10 billion
Issue:Lower tier II notes
Maturity:2017
Coupon:7%
Pricing date:Nov. 21

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