Security Bank lists its P20-B bonds on PDEx

By Earl John Alfaro

Aug 21, 2024 12:27 am

SECURITY Bank Corp. on Tuesday listed its P20-billion fixed-rate Peso corporate bonds due 2029 at the Philippine Dealing and Exchange Corp. (PDEx), touted as the bank's largest issue size to date, with a tenor of five years and one month at 6.05 percent per annum.

'We're humbled by the overwhelming response to our bond offering, which reflects the strong trust and confidence of our investors in Security Bank and our BetterBanking promise,' said Security Bank Executive Vice President Arnold Bengco.

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