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PHILIPPINES PRESS-Metrobank readies $500 mln debt sale - BusinessWorld
February 13, 2014 / 12:56 AM / 4 years ago

PHILIPPINES PRESS-Metrobank readies $500 mln debt sale - BusinessWorld

Metropolitan Bank & Trust Co, one of the Philippines’ biggest lenders, has obtained central bank approval to issue Tier 2 notes, giving it the flexibility to raise as much as $500 million via a peso- or dollar-denominated debt sale, or a combination of both, the BusinessWorld newspaper reported.

(link.reuters.com/wex76v)

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