Published on 9/10/2019 in the Prospect News Emerging Markets Daily.
New Issue: Bank of the Philippine Islands sells $300 million 2½% notes due 2024
By Marisa Wong
Los Angeles, Sept. 10 – Bank of the Philippine Islands (BPI) issued $300 million of 2½% notes due 2024, according to a notice.
BPI Capital Corp., Citigroup Global Markets Ltd., Credit Suisse (Hong Kong) Ltd., Merrill Lynch (Singapore) Pte Ltd, Mizuho Securities Asia Ltd. and UBS AG Singapore Branch are the bookrunners.
The bank is based in Makati City, Philippines.
| Issuer: | Bank of the Philippine Islands
|
| Issue: | Notes
|
| Amount: | $300 million
|
| Maturity: | 2024
|
| Bookrunners: | BPI Capital Corp., Citigroup Global Markets Ltd., Credit Suisse (Hong Kong) Ltd., Merrill Lynch (Singapore) Pte Ltd, Mizuho Securities Asia Ltd. and UBS AG Singapore Branch
|
| Coupon: | 2½%
|
| Settlement date: | Sept. 10
|
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