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RCBC looks to raise at least P3 billion from sustainability bond offer

  • RCBC aims to raise at least P3 billion from a peso-denominated sustainability bond offering in the domestic debt market.
  • The fixed-rate sustainability bonds will have a tenor of two years and six months with a minimum offering of P3 billion.
  • Funds raised will be used to finance sustainable projects following the bank's Sustainable Finance Framework.
  • The public offer will begin on June 25, with plans to issue the bonds as sustainability bonds under the ASEAN Sustainability Bond Standards.

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