RCBC Closes Offer for Series G ASEAN Sustainability Bonds Due 2029
Yuchengco-led Rizal Commercial Banking Corporation ("RCBC" or the "Bank") will be closing on 17 March 2026 the public offer for its three-year ASEAN Sustainability bond (the "Bonds") under its PHP200 billion Bond and Commercial Paper Programme earlier than the original end date of 27 March 2026. RCBC decided to shorten the public offer period following a positive and strong demand for the Bonds coming from both retail and institutional investors. The Bank is thankful for the immense support of its investors, following its public offering period which began on 12 March 2026.
The Bonds, offered in denominations of PHP100,000 and increments of PHP10,000 thereafter, will be issued at a fixed coupon of 6.08% per annum. The Bonds are expected to be listed on the Philippine Dealing and Exchange Corporation on 8 April 2026.
RCBC intends to use the proceeds to finance or refinance, in whole or in part, the eligible green and social categories as described in the Bank's Sustainable Finance Framework.
Standard Chartered Bank ("SCB") and RCBC Capital Corporation are the Joint Lead Arrangers and Bookrunners for this transaction. The Selling Agents are SCB and RCBC.