![050824 – launch](https://firstmetro.com.ph/wp-content/uploads/2024/05/050824-launch-1024x1008.jpg)
- * $1b 10Y Fixed (May 14, 2034) at +80
** Guidance +80#, IPT +120 area
** Coupon: Semi-annual, 30/360
** UOP: General budget financing - * $1b 25Y Sust. Fixed (May 14, 2049) to Yield 5.6%
** Guidance 5.6%#, IPT 6.05% area
** Coupon: Semi-annual, 30/360
** Format: Sustainability bond
** UOP: General budget financing and to finance/refinance assets in line with the Republic’s sustainable finance framework - Issuer: Republic of the Philippines (PHILIP)
- Issuer Ratings: Baa2/BBB+/BBB
- Exp. Ratings: Baa2/BBB+/BBB
- Format: SEC registered, senior unsecured, issued off SEC shelf
- Settlement: May 14, 2024 (T+5)