BPI Debuts $600M Senior Notes

The Bank of the Philippine Islands (PSE: BPI) successfully raised $600 million 5-year Senior Unsecured Fixed Rate Reg S Notes with a coupon of 4.25% under its US$2 billion Medium Term Note Program. The Notes issuance marks the first in BPI’s 167-year history and the largest ever debut issuance for a bank in the Philippines. […]
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SMIC Launches Convertible Bond

Pasay–(PHStocks)—SM Investments Corporation (SMIC, PSE: SM) successfully launched and priced a 5-year $250 million convertible bond (CB). The issue was offered in a Reg-S format and was structured as an accelerated bookbuild. The CB offering attracted high quality investors from across Asia and Europe. The bonds  feature a coupon of 1.625% and yield to maturity […]
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EDC Completes US$ Bond Offering

The Energy Development Corp. (PSE: EDC) successfully launched its maiden $300 million 10-year bond issuance. The Notes due 2021 were priced at par at a yield of 6.5%. Deutsche Bank and J.P. Morgan acted as Joint Lead Managers for the transaction. The bonds will be listed on the Singapore Exchange Securities Trading Limited (SGX-ST). Related […]
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