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.
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