PSBank aims to raise P3B from bond issuance

Jan 10, 2020 12:03 am

LISTED Philippine Savings Bank (PSBank) is eyeing to generate at least of P3 billion in fresh funds from its offer of fixed-rate bonds.

In a disclosure on Thursday, the thrift-banking arm of the Metrobank Group said the three-year bond will be offered from January 9 to 21 this year and will require a minimum of P500,000 from investors, with increments of P100,000 thereafter.

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