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BPI looking to refinance RISE bonds

BANK of the Philippine Islands (BPI) is planning to refinance P20.3 billion in bonds due in July via an environmental, social, and governance (ESG)-themed offering, a senior executive said on Tuesday.

'We have peso bonds maturing in July and depending on market conditions, we would like to refinance that, especially given the incentives that the BSP has provided for an ESG-themed bond,' BPI Treasurer Dino Gasmen told reporters.