trending Market Intelligence /marketintelligence/en/news-insights/trending/kPfv-QCdOSunc58tmnO3IA2 content esgSubNav
In This List

Metrobank raises 18B pesos in bond reissuance

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Metrobank raises 18B pesos in bond reissuance

Metropolitan Bank & Trust Co. raised 18 billion Philippine pesos through a reissuance of fixed-rate bonds, more than triple the initial plan to raise 5 billion pesos.

The two-year notes carried an interest rate of 7.00%, according to a Dec. 17 stock exchange filing.

Standard Chartered Bank served as sole arranger and book runner for the exercise.

As of Dec. 17, US$1 was equivalent to 52.93 Philippine pesos.