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Rizal Commercial Banking Corporation Issues PHP 12.2 Billion of ASEAN Sustainability Bonds

Posted:

July 24, 2025

17 July 2025, Makati Philippines – Rizal Commercial Banking Corporation (RCBC) returns to the Philippine Dealing & Exchange Corp. (PDEx) to issue its 6.00% Series F ASEAN Sustainability Bonds Due 2028, making it the bank’s biggest bond issuance to date.

PDEx President, Ms. Stephanie Marie Zulueta in her welcome remarks noted the strong investor confidence for RCBC’s ASEAN Sustainability bonds – “This ASEAN Sustainability bonds is worth PHP 12.2 billion and will be drawn from the bank’s PHP 200-billion bond and commercial paper program. We have noted that this was upsized by over four times from its minimum issue size of PHP 3 billion, showing strong investor confidence and support to finance the bank’s eligible green and social initiatives under its Sustainable Finance Framework.”

Rizal Commercial Banking Corporation (RCBC) President and CEO, Mr. Reginaldo Anthony Cariaso highlighted the bank’s success through its back-to-back sustainability issuances and emphasized its contribution to the country – “The proceeds from this issuance will fuel asset growth, refinance maturing liabilities, and support general funding needs, all in alignment with RCBC’s Sustainable Finance Framework. This milestone reinforces our unwavering commitment to advancing the Philippines’ sustainability goals.”

This thirteenth admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 211.66 billion and the total level of tradable corporate debt instruments to PHP 1.2 trillion issued by forty companies, comprised of 163 securities.