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Prospect News home > News index > List of issuers M > Headlines for Metropolitan Bank & Trust Co. > News item
Published on 5/10/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Philippines’ Metrobank to redeem 5 3/8% notes due 2024 at par

By Marisa Wong

Morgantown, W.Va., May 10 – Metropolitan Bank & Trust Co. (Metrobank) plans to redeem its PHP 16 billion 5 3/8% subordinated notes due 2024 on June 27 at par, according to a company announcement on Thursday.

The bank’s board of directors approved the call option exercise in February, as previously reported.

Metrobank is based in Makati City, Philippines.


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