Form FWP REPUBLIC OF THE PHILIPPI Filed by: REPUBLIC OF THE PHILIPPINES
Tweet
Share
E-mailFiled pursuant to Rule 433
Registration Statement No. 333-286375
June 16, 2026
US$1,650,000,000 5.325% Global Bonds due 2036
Final Term Sheet
| Issuer | Republic of the Philippines | |
| Issue currency |
US$ | |
| Amount issued |
US$1,650,000,000 | |
| Security type |
Senior Unsecured Bonds | |
| Coupon |
5.325% | |
| Interest Payment dates |
June 24 and December 24 | |
| Maturity date |
June 24, 2036 | |
| CUSIP |
718286 DN4 | |
| ISIN |
US718286DN44 | |
| Public Offering Price |
99.770% | |
| Proceeds before expenses |
US$1,646,205,000 | |
| Settlement date |
June 24, 2026 | |
| Reference benchmark |
4.375% UST due May 15, 2036 | |
| Benchmark yield |
4.430% | |
| Re-offer spread over benchmark |
92.5 bps | |
| Re-offer yield |
5.355% | |
| Denominations |
US$200k/1k | |
| Day count |
30/360 | |
| Joint Lead Managers and Joint Bookrunners |
BNP Paribas, Citigroup Global Markets Inc., The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities plc, MUFG Securities Asia Limited Singapore Branch and Standard Chartered Bank | |
| Settlement and Delivery |
The Republic expects that delivery of the global bonds will be made against payment therefor on or about the settlement date. Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in one business day, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade global bonds prior to delivery of the global bonds will be required, by virtue of the fact that the global bonds initially will settle on a basis longer than the next business day, to specify alternative settlement arrangements to prevent a failed settlement. | |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Web site of the Securities and Exchange Commission at www.sec.gov. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by contacting The Hongkong and Shanghai Banking Corporation Limited by calling +1-866-811-8049.
The prospectus can be accessed through the following link:
https://www.sec.gov/Archives/edgar/data/1030717/000119312526271835/d24865d424b3.htm
MiFID II professionals/ECPs-only – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).
UK MiFIR professionals/ECPs-only – Manufacturer target market (UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels).
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- USC School of Social Work Names Learn4Life 2026 Agency of the Year
- Frederick Ellington Joins Partner as Technical Director, Construction Services
- Norton Rose Fulbright adds former SEC enforcement lawyer to Washington, DC office
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
