YUCHENGCO-LED Rizal Commercial Banking Corp. (RCBC) on Wednesday said that had it raised $350 million (approximately P20.45 billion) from the issuance of five-year senior unsecured fixed rate sustainability bonds drawn from a $4-billion medium term note program.
In a disclosure to the stock exchange, the bank said its return to the dollar debt market was oversubscribed by 2.9 percent, with the final order book exceeding $1 billion.
