Security Bank Corp. has launched a P5-billion, five-year fixed-rate peso bond offering at six percent annually, open for subscription from Sept. 22 to Oct. 17.
The issuance, part of the bank’s P200-billion bond and commercial papers program, will be listed on the Philippine Dealing and Exchange Corp. on Oct. 29 to ensure secondary market liquidity.
Proceeds will be used to support lending activities and strengthen funding sources, with the option to expand the size if investor demand exceeds the base offer.
The offering comes as Security Bank secures inclusion in the FTSE Asia Pacific Small Cap Index, a major regional benchmark for institutional investors, effective Sept. 19.
Bank officials said the milestone enhances global visibility while underscoring Security Bank’s financial strength and long-term growth strategy.
Source: PhilNews24 | September 23, 2025