Rizal Commercial Banking to Redeem $300 Million Securities

MT Newswires Live
2025/06/13

Rizal Commercial Banking (PSE:RCB) received approval from the Bangko Sentral ng Pilipinas on Wednesday to redeem its $300 million, 6.50% non-cumulative subordinated additional tier 1 capital securities.

The redemption option can be exercised beginning Aug. 27, in line with the terms of the securities, according to a Thursday Philippine bourse filing.

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