Metrobank Closes LTNCD Offer Period Early Due to Oversubscription

Makati—(PHStocks)—Metropolitan Bank & Trust Company (Metrobank, PSE: MBT) announced the early close of the offer period of its 7-year Long-Term Negotiable Certificates of Time Deposit (LTNCDs) due to oversubscription.

Metrobank is moving the close of the offer period to Monday, September 5, 2016. Despite the early close, the issue and listing date remain unchanged at September 19, 2016.

Investors who may still want to participate in the 7-year LTNCD offer may contact Metrobank at 02-8-700-700 or ING Bank at 02-479-8848. All the necessary documentary requirements must be completed before the close of business on September 5, 2016 for the orders to be processed.