RCBC raises P20.5B from Asean bond sale

Title Checkmate! RCBC's P20.5 Billion Asean Bond Sale A Game-Changer
Game-Changer for Sustainability

In a move that highlights the importance of strategy and sustainability-lin
sustainability-linked investments, Rizal Commercial Banking Corp. (RCBC) ha
has raised a record P20.5 billion from its latest peso-denominated bond iss
issuance.

A Strong Showing

The fixed-rate Series G Asean Sustainability Bonds due 2029, with an annual
annual coupon of 6.08 percent, were listed on the Philippine Dealing and Ex
Exchange Corp. on April 8. This impressive feat not only marked RCBC's larg
largest peso-denominated bond offering to date but also exceeded its initia
initial minimum target of P5 billion.

Sustainability-Linked Investments A Growing Trend

The strong demand for these bonds reflects a growing trend in sustainabilit
sustainability-linked investments. As investors become increasingly aware o
of the importance of environmental and social responsibility, financial ins
institutions like RCBC are capitalizing on this shift by offering products 
that align with their values.

Financing a Sustainable Future

The proceeds from the bond sale will be used to finance or refinance eligib
eligible green and social projects under RCBC's Sustainable Finance Framewo
Framework. This move is in line with the bank's broader push to support env
environmentally and socially responsible initiatives, further solidifying i
its commitment to sustainability.

A Winning Streak

This latest transaction brings RCBC's total bond issuances since 2019 to P1
P119.5 billion, marking a winning streak for the bank. The strong take-up o
of these bonds reflects sustained investor confidence in RCBC's growth stra
strategy and sustainability agenda.

A Strong Team Effort

Standard Chartered Bank and RCBC Capital Corp. acted as joint lead arranger
arrangers and bookrunners for the transaction, along with RCBC. This collab
collaborative effort demonstrates the importance of partnerships in achievi
achieving success.

Conclusion A Game-Changer for Sustainability

In conclusion, RCBC's P20.5 billion Asean bond sale is a game-changer for s
sustainability-linked investments. By highlighting the importance of these 
initiatives, RCBC has made a bold move that will have far-reaching implicat
implications for the industry and the environment. As chess players know, s
strategy is key to success, and RCBC has certainly played its cards right.

Keywords Sustainability, Asean bond sale, RCBC, green bonds, social bo
bonds, sustainable finance framework, environmental responsibility, social 
responsibility, financial institutions, investments.

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Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.