9. Former name or former address, if changed since last report
-
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
4,945,197,291
11. Indicate the item numbers reported herein
-
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.
Bank of the Philippine IslandsBPI
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Bank of the Philippine Islands Upsizes Syndicated Loan Facility to US$ 300 Million
Background/Description of the Disclosure
Bank of the Philippine Islands (“BPI”) is pleased to announce that it has signed the facility agreement for a 3-year syndicated term loan facility of US$ 300 million (the “Facility”) with The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) and Standard Chartered Bank (“SC”) as Mandated Lead Arrangers, Bookrunners and Underwriters (“MLABUs”). The Facility received an exceptional reception in syndication, and successfully upsized from the original US$ 200 million to US$ 300 million to partially accommodate the heavy oversubscription of more than two times.
The Facility is supported by a total of twenty-one lenders, including the two MLABUs and nineteen participating lenders. HSBC is the facility agent.
Proceeds from the Facility will be used to partly refinance BPI’s existing US$ 600 million bond due September 2023, as well as for general corporate purposes.