New bond issue: RCBC sells USD 200m in 2017 bonds with 5.250% coupon
RCBC (Philippines) on January 18, 2012 placed USD 200m in bonds with a 5.250% coupon, maturing in 2017. The bond was priced at 100%. Standard Chartered Bank arranged the deal.
inShare
Issuer, issue number: RCBC, 2017
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 50000
Amount: 200 000 000
ISIN: XS0734582348
End of placement: Jan 18 2012
Issue price: 100
Yield at Pricing: 5.25%
Coupon: 5.250%
Coupon frequency: 2 time(s) per year
Settlement Date: Jan 30 2012
Maturity date: Jan 30 2017
Issue Managers: Standard Chartered Bank
Trading floor: SGX
Issuer profile:
Rizal Commercial Banking Corporation (RCBC) is the Philippines' fifth largest private domestic commercial bank with total consolidated assets of about PhP 239 billion as of end of December 2007. RCBC offers traditional banking, investment banking, retail financing, leasing, and stock brokering services in the Philippines. It generates deposit products, including checking accounts, savings accounts, and time deposits. The company also offers commercial loans comprising fleet and floor stock, short-term credit, term loans, and trade finance; consumer loans, including auto insurance loans, car loans, credit card, gold cheque, housing, and salary loans; and special lending facilities, such as DBP and land bank wholesale lending facilities, SSS wholesale lending facilities, BSP rediscounting facility, and guaranty facilities. In addition, RCBC provides payment and settlement services, including cheque clearing, domestic letters of credit, fund transfers, international trade settlements, workers remittances, and securities settlement; treasury and global market services; trust services; and corporate cash management services consisting of collection and receivables, payment management, electronic banking, and third party services. Further, it offers investment banking services, such as underwriting of debt and equity securities, financial advisory and consultancy, and mergers and acquisitions, as well as arranging/packaging of syndicated loans, joint ventures, project finance. The company also provides depository services, foreign currency conversions, foreign trade information, private banking, research, and safety deposit box, as well as offers Internet and phone banking services, and automated teller machines. As of September 30, 2007, it operated 297 branches and 283 automated teller machines. The company was founded in 1960. It was formerly known as Rizal Development Bank and changed its name to Rizal Commercial Banking Corporation in 1963. The company is headquartered in Makati City, the Philippines. Rizal Commercial Banking Corporation is a subsidiary of Pan Malayan Management and Investment Corporation.
Outstanding issues:
2 issue(s) outstanding worth USD 450 000 000
RCBC (Philippines) on January 18, 2012 placed USD 200m in bonds with a 5.250% coupon, maturing in 2017. The bond was priced at 100%. Standard Chartered Bank arranged the deal.
inShare
Issuer, issue number: RCBC, 2017
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: USD, 50000
Amount: 200 000 000
ISIN: XS0734582348
End of placement: Jan 18 2012
Issue price: 100
Yield at Pricing: 5.25%
Coupon: 5.250%
Coupon frequency: 2 time(s) per year
Settlement Date: Jan 30 2012
Maturity date: Jan 30 2017
Issue Managers: Standard Chartered Bank
Trading floor: SGX
Issuer profile:
Rizal Commercial Banking Corporation (RCBC) is the Philippines' fifth largest private domestic commercial bank with total consolidated assets of about PhP 239 billion as of end of December 2007. RCBC offers traditional banking, investment banking, retail financing, leasing, and stock brokering services in the Philippines. It generates deposit products, including checking accounts, savings accounts, and time deposits. The company also offers commercial loans comprising fleet and floor stock, short-term credit, term loans, and trade finance; consumer loans, including auto insurance loans, car loans, credit card, gold cheque, housing, and salary loans; and special lending facilities, such as DBP and land bank wholesale lending facilities, SSS wholesale lending facilities, BSP rediscounting facility, and guaranty facilities. In addition, RCBC provides payment and settlement services, including cheque clearing, domestic letters of credit, fund transfers, international trade settlements, workers remittances, and securities settlement; treasury and global market services; trust services; and corporate cash management services consisting of collection and receivables, payment management, electronic banking, and third party services. Further, it offers investment banking services, such as underwriting of debt and equity securities, financial advisory and consultancy, and mergers and acquisitions, as well as arranging/packaging of syndicated loans, joint ventures, project finance. The company also provides depository services, foreign currency conversions, foreign trade information, private banking, research, and safety deposit box, as well as offers Internet and phone banking services, and automated teller machines. As of September 30, 2007, it operated 297 branches and 283 automated teller machines. The company was founded in 1960. It was formerly known as Rizal Development Bank and changed its name to Rizal Commercial Banking Corporation in 1963. The company is headquartered in Makati City, the Philippines. Rizal Commercial Banking Corporation is a subsidiary of Pan Malayan Management and Investment Corporation.
Outstanding issues:
2 issue(s) outstanding worth USD 450 000 000
