Banco de Oro

President Nestor Tan discusses the bank''s successful debut international bond issue.

In mid October, Banco de Oro BDO launched its maiden international bond issue via UBS. The Sy family-owned bank represents one of the fast growing banks in the Philippines and was rewarded with a large order book for its $150 million deal.

Much of the Ba2 rated deal's appeal was attributed to the Sy family brand name and BDO's ability to maintain financial discipline as it leapfrogs into the premier tier. Out of 41 banks in...

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