Metrobank kicks off Philippines push into Basel III bonds

By Mark Baker
19 Sep 2013

Philippine lender Metrobank is set to nail the first benchmark in Basel III-compliant tier two bonds for the country in US dollars.

The issuer has mandated JP Morgan and UBS to arrange investor meetings in London on Friday, Hong Kong next Monday and Singapore on Tuesday to sell a 10 non-call five deal, according to a treasury official at the bank’s investor relations department.

The bank is considering a US ...

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