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RCBC plans to issue peso bonds
Business World Philippines
|May 23, 2025
RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to offer peso-denominated bonds, including sustainability-themed issuances, under its updated fundraising program.
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The bank plans to issue fixed-rate peso bonds under its P200-billion bond and commercial paper program, it said in a disclosure to the stock exchange.
In 2022, RCBC doubled the size of its bond program from the original P100 billion approved by its board in 2019.
"The funds to be raised from any offer will be used to, among others, support asset growth, refinance maturing liabilities and other general funding purposes, and even include the financing or refinancing of new or existing sustainable projects as defined under, and consistent with the bank's Sustainable Finance Framework," the bank said.
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