General Announcement::BPI Family Savings Bank prices maiden bond issue

Issuer & Securities

Issuer/ Manager
BANK OF THE PHILIPPINE ISLANDS
Securities
BANKOFPHILIS US$600M4.25%N2309 - XS1841618421 - FNDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Nov-2019 11:25:18
Status
New
Announcement Sub Title
BPI Family Savings Bank prices maiden bond issue
Announcement Reference
SG191127OTHRBWUA
Submitted By (Co./ Ind. Name)
Tanglaw Lagmay
Designation
Investor Relations Officer
Description (Please provide a detailed description of the event in the box below)
BPI Family Savings Bank (BFSB), Bank of the Philippine Islands (BPI) wholly-owned thrift bank and consumer lending arm, priced its maiden bond issuance in the aggregate principal amount of Php 2 billion, with option to upsize, (BFSB Bonds) to support its drive to diversify its investor base, fund its asset expansion, particularly loan growth, digitalization initiatives, and general corporate purposes.

Please see attached file for details.

The ff. regulators have also been duly informed of the same:
1. Philippine Stock Exchange (PSE)
https://edge.pse.com.ph/openDiscViewer.do?edge_no=13048433d00ecb38efdfc15ec263a54d
2. Philippine Dealing and Exchange Corporation (PDEx)

Attachments

BPI Family Savings Bank prices maiden bond issue.pdf
Total size =304K