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Published on 11/19/2013 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Philippines' EastWest to redeem PHP 1.25 billion subordinated debt

By Marisa Wong

Madison, Wis., Nov. 19 - EastWest Banking Corp. will redeem its PHP 1.25 billion of subordinated debt issued on July 25, 2008 on Jan. 25, according to a Philippine Stock Exchange notice.

The bank said the Bangko Sentral ng Pilipinas' approved the call on Monday.

The bank is based in Makati City, Philippines.


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