| First Philippine Holdings Corp. (FPHC) recently signed a P4.8-billion corporate notes facility agreement with BDO Capital and Investment Corp. (as sole arranger) and four other banks, namely, BDO Unibank, Inc., Maybank Philippines, Inc., Rizal Commercial Banking Corp. and Union Bank of the Philippines. |
| Banco De Oro Unibank, Inc. (“BDO”) announced plans to issue approximately Php 3 billion worth of Peso-denominated Unsecured Subordinated Notes qualifying as Tier 2 capital (“T2”). This will be BDO’s second offering of T2 notes in 2011, following the successful issuance of Php 8.5 billion in June 2011, and will form part of the Php 15 billion T2 program earlier approved by the Bangko Sentral ng Pilipinas (BSP). The additional T2 notes will be used to supplement the Bank’s capital position and support its business expansion plans. |
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