C01632-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock | 480,645,163 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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Establishment of 2024 Bank Bond Program |
Background/Description of the Disclosure |
Please be informed that at the regular meeting of the Board of Directors of the Philippine Bank of Communications (the “Bank”) held today, the Board approved the Bank’s PhP15 billion peso-denominated bank bond program. In the same meeting, the Board of Directors likewise approved the 1st tranche issuance from the Bond Program a target amount of at least PhP2 Billion with an oversubscription option. Actual issuance of bonds under the Bond Program shall be subject to regulatory approvals and market conditions. |
Other Relevant Information |
Please see attached letter for more details. |
Name | Michael Stephen Lao |
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Designation | Corporate Secretary |