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BPI kicks off offer period for P5b worth of fixed bonds

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Bank of the Philippine Islands started on Tuesday the offer period for its 1.5- year peso fixed-rate bonds due 2025, with an aggregate principal amount of P5 billion with option to upsize.

Applications to purchase the bonds require a minimum investment amount of P1 million and in additional increments of P100,000. BPI Capital Corp. and ING Bank N.V., Manila Branch are the joint lead arrangers and selling agents of the offer.

 

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