ACCRALAW as Counsel to PNB in its US$2 Billion Medium Term Note Programme

ACCRALAW acted as Philippine counsel to the issuer, Philippine National Bank (“PNB”), in connection with the update of PNB’s US$2 Billion Medium Term Note Programme (“PNB MTN Programme”) and the offshore offer and issuance of US$300 Million, 4.85% Senior Notes due 2029 (“Notes”). The Notes were issued under the PNB MTN Programme on 23 October 2024.

ACCRALAW's team was led by Senior Partner Andre B. Navato, Jr. and Partner Everlene O. Lee. Senior Associate Shiree Amor P. Roma, and Associates Alexandra Yvonne A. Orias and Eric Leonardo L. Cembrano, also worked on this project.

Ref.: https://accralaw.com/2024/11/26/accralaw-as-counsel-to-pnb-in-its-us2-billion-medium-term-note-programme/