EPCIB raises $200M

The speeches were limited to two–those of Equitable PCI Bank chairman Antonio Go and USB AG chief representative in the Philippines Lauro Baja III. Messrs. Go and Baja led the celebration for EPCIB’s $200 million tier 2 bond issue, the largest subordinated debt offering in the Philippines. USB was the sole bookrunner of the deal.

Guests were basically limited to officers of the Bangko Sentral, led by Governor Rafael Buenaventura; and of EPCIB led by president and chief executive officer Rene Buenaventura. USB AG managing partner Patrick O’Brien flew in to join the celebration.MJGrey

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