BDO raises $600M from offshore bond market
BDO prexy Nestor Tan The country’s leading lender, BDO Unibank, has raised $600 million from the offshore bond market, building up its cash hoard while interest rates are favorable. The…
BDO raises P36B from bond offer
The country’s largest lender, BDO Unibank, has raised P36 billion from another big local bond offering that was warmly received by the cash-awash local financial market. In a disclosure to…
BDO raises P36B from new bond float
BDO president Nestor Tan The country’s largest lender, BDO Unibank, has raised P36 billion from another large local bond offering that was warmly received by the cash-awash local financial market.…
Jollibee raises $600M via bond issuance
Fast-food giant Jollibee Foods Corp. (JFC) has boosted its coronavirus (COVID-19) war chest by $600 million with the issuance of new bonds in the offshore market. Through wholly owned unit,…
PLDT raises $600M in fully online roadshow
PLDT Inc. roared back into the international bond market after almost two decades, raising $600 million following a fully-online investment roadshow amid the new coronavirus (COVID-19) pandemic. On Wednesday (June…
Pandemic raises unemployment to 15-year high
Emelda Razon Aguillon, a massage therapist from Quezon City, lost her main source of income when the spa she had worked for suspended operations during the enhanced community quarantine (ECQ)…
Metrobank’s latest bond issue raises P10.5B
Ty family-led Metropolitan Bank & Trust Co. has raised P10.5 billion from a fresh foray into the local bond market, generating funds to help oil the needs of the economy…
Metrobank raises P10.5B from new bond foray
Ty family-led Metropolitan Bank & Trust Co. has raised P10.5 billion from a fresh bond market foray that was warmly received by investors despite the challenging macroeconomic environment. The bonds,…
Treasury raises P24B from T-bills as rates continue to fall
The Bureau of the Treasury on Monday (May 25) raised P24 billion or a fifth more than its P20-billion T-bills offering as rates continued to decline across the board. The…
IC raises ceiling for insurers’ financial assistance to employees
The Insurance Commission (IC) has provided additional regulatory relief amid the COVID-19 crisis, this time allowing insurers to set aside a bigger chunk of their net worth for loans and…