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Prospect News home > News index > List of issuers M > Headlines for Metropolitan Bank & Trust Co. (Metrobank) > News item
Published on 11/5/2012 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Philippines' Metrobank redeems PHP 8.5 billion 7% notes due 2017

By Tali David

Minneapolis, Nov. 5 - Metropolitan Bank & Trust Co. (Metrobank) exercised its call option on its PHP 8.5 billion 7% unsecured subordinated notes due Oct. 19, 2017, according to a press release.

The notes were redeemed at par plus accrued interest on Oct. 22.

Development Bank of the Philippines is the public trustee.

Metrobank is a Makati City, Philippines-based bank.


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