BPI expands fundraising program, cites demand

Nov 17, 2018 1:26 am

STRONG investor demand has prompted the Bank of the Philippines Islands (BPI) to raise its initial bond and commercial paper offer from P15 billion to P25 billion.

In a disclosure on Friday, the Ayala-led lender said the offer was part of its plan to generate as much as P50 billion from the bonds and commercial papers established in September.

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