Security Bank Corporation (“SECB”) announced today its fixed-rate peso bond offering with a minimum issue size of PHP5 billion, with an oversubscription option (the “Bonds”).
The Bonds will have a tenor of 5 years and will be marketed at a fixed rate of 6.0000% per annum. The public offer period will run from September 22 to October 17, 2025.* Minimum denominations have been set for PHP500,000 and increments of PHP100,000 thereafter.
Security Bank will list the Bonds on the Philippine Dealing and Exchange Corp. on October 29, 2025, to provide secondary market liquidity to investors who would like to trade the instruments.
The Bonds will be issued out of the Bank’s PHP200 billion Peso Bond and Commercial Papers Program. Proceeds will be used to support the Bank’s lending activities and expand its funding base.
“We’re excited about this peso bond offering as it further strengthens Security Bank’s funding base and supports our growth and lending activities. At the same time, it gives investors a high-quality peso investment with stable, predictable returns – underscoring the Bank’s financial strength and commitment to our clients.” said Jim Yap, Security Bank EVP and Financial Markets Segment Head.
Security Bank has mandated Philippine Commercial Capital, Inc. (“PCCI”) and Security Bank Capital Investment Corporation as Joint Bookrunners, Joint Lead Arrangers, and Selling Agents for this issuance.