RCBC to Offer Fixed-Rate Bonds

MT Newswires Live

05/23

Rizal Commercial Banking Corp. or RCBC (PSE:RCB) plans to offer fixed-rate bonds under its expanded 200 billion Philippine pesos bond and commercial paper program, according to a Thursday Philippine bourse filing.

The bank may issue the remaining unutilized portion of the program in various forms, sizes, and terms. Details will be announced later based on management decisions and market conditions.

Proceeds from the issuance will support asset growth, refinance maturing debt, fund general operations, and potentially finance sustainable projects.

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