Unibank has announced a perpetual bond offering with a 13.25% coupon rate, aiming to expand access for investors. Perpetual bonds have no maturity date, providing the bank with long-term capital. The high yield may attract income-seeking investors, though perpetual bonds carry unique risks. This move reflects Unibank's strategy to diversify its funding sources.
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13.25% yield is very high, suggesting high perceived risk.
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<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxNbjVPaHE3RVdubnVLV0s2Mk93TmZleXhmTG9tSkdtOEt0dVFyWFQ0WV9sNlRkY2stak5Kd1BMTnA3MVhSd253RHJ4LWFBTHVvckljT2ZhTnBtLXF3dUFaclFXRnNZa2xSdE9HdGt6bnN3YVo3cWg2NkU0c3lXQUZaWFBIMkQ5enNmWERnLWpTU3ZNSjZpRF9aQnBVVUowSkFXUER1dDg0Q2NhVzB5NTJqUmJwVVBlV0E?oc=5" target="_blank">Unibank expands investor access with 13.25% perpetual bond offering</a> <font…
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