Metropolitan Bank & Trust Co. (Metrobank) has opened its offer for Series F ASEAN Sustainability Peso-denominated Bonds, targeting at least ₱5 billion to support lending and fund sustainability-linked projects.

The bonds carry a fixed annual interest rate of 5.4727% and a tenor of 1.5 years, offering investors a short-term fixed-income option amid steady interest rate conditions.

The offer period runs from March 17 to March 30, 2026, with issuance and listing on the Philippine Dealing & Exchange Corp. (PDEx) scheduled for April 14, 2026.

Proceeds from the bond sale will be used to diversify Metrobank’s funding sources and finance lending activities. The bank said the funds will also be allocated to eligible green and social assets under its Sustainable Finance Framework, supporting projects with environmental and social benefits.

The minimum investment starts at ₱500,000, with additional placements accepted in increments of ₱100,000, making the offer accessible to high-net-worth individuals and institutional investors looking for stable returns.

First Metro Investment Corp,, ING Bank N.V., Manila Branch, and Standard Chartered Bank are serving as Joint Lead Managers and Joint Bookrunners for the transaction. Metrobank, along with these institutions, will also act as Selling Agents, while ING will serve as Sustainability Coordinator.

The bond offer is part of Metrobank’s program to issue up to ₱200 billion in bonds and commercial papers, approved by its board of directors in December 2021.

The securities are exempt from registration under Section 9.1(E) of the Securities Regulation Code and will not be registered with the Securities and Exchange Commission.

Interested investors may inquire through Metrobank branches or authorized selling agents for more details.

Discover more from Back End News

Subscribe now to keep reading and get access to the full archive.

Continue reading