Security Bank generates P16B from bond sale

By Mayvelin U. Caraballo

Jul 21, 2022 12:15 am

SECURITY Bank Corp. said it generated P16 billion in fresh funds through the successful sale of its fixed rate peso corporate bonds due 2024.

In a disclosure published on the Philippine Stock Exchange website on Wednesday, the lender said the bonds have a 1.5-year tenor and are priced at 3.7407 percent annually.

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