Security Bank Sets Up $1B Medium Term Note Program

On August 29, 2018, Security Bank Corp. (PSE: SECB) established a Medium Term Note Programme for an aggregate amount of up to $1 billion ($1,000,000,000.00) or its equivalent in other currencies. SBC has mandated Citigroup, CLSA, MUFG, and UBS as Joint Lead Arrangers for the program.

The program is expected to be listed on the Singapore Exchange Securities Trading Ltd.

With the establishment of the program, SBC will gain the flexibility to tap the international debt capital markets, subject to market conditions.

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