4 November 2014

MS. JANET A. ENCARNACION

Head, Disclosure Department
PHILIPPINE STOCK EXCHANGE, INC.
3/F Philippine Stock Exchange Plaza,
Ayala Triangle, Ayala Avenue,
Makati City

Dear Ms. Encarnacion:

We enclose a copy of our press release entitled Metrobank to Issue New 7-year Tranche of
LTNCDs.
Thank you.

Very truly yours,

Juan Placido T. Mapa III

Head, Investor Relations

METROPOLITAN BANK & TRUST COMPANY

Metropolitan Plaza, Sen. Gil J. Puyat Avenue, 1200 Makati City, Philippines; Tel. no. (632) 898-8000 / 857-0000; Fax (632) 817-6248; www.metrobank.com.ph

4 November 2014
Metrobank to Issue New 7-year Tranche of LTNCDs
Metropolitan Bank & Trust Company (Metrobank or the Bank) is issuing a new 7-year
tranche of Long Term Negotiable Certificates of Deposits (LTNCDs).
The public offer period for the LTNCDs is from November 4 to 14, 2014. The Bank, however,
reserves the right to adjust the timing of the offer period as necessary.
The LTNCDs will be offered at a rate of 4.25% per annum, payable quarterly. The LTNCDs
have a tenor of 7 years and will mature on November 21, 2021. The minimum investment size
is PHP50,000 with increments of PHP50,000 thereafter.
This is the second offering of LTNCDs by Metrobank. The Bank successfully raised PHP8
billion of 5.5 year LTNCDs last October. The strong demand for the initial LTNCD tranche
prompted the Bank to launch a follow-on 7-year LTNCD to satisfy unmet client demand.
Metrobank earlier received Bangko Sentral ng Pilipinas (BSP) approval for an LTNCD program
of up to PHP20 billion, to be issued in tranches with approved tenors ranging from 5.25-year up
to 10-years. The Bank has up to the first quarter of 2015 to complete the program.
Metrobank mandated The Hongkong and Shanghai Banking Corporation Limited (HSBC) and
ING Bank N.V., Manila Branch (ING) as Joint Lead Arrangers and Selling Agents for this
transaction. Metrobank, First Metro Investment Corporation (FMIC) and Multinational
Investment Bancorporation (MIB) will also serve as Selling Agents for the offer. MIB will act as
Market Maker for secondary trading of the LTNCDs while the instrument is not yet listed on the
Philippine Dealing and Exchange Corp. (PDEx) platform.
Interested investors may approach any of the selling agents during the public offer period.
For inquiries, please contact Metrobank at 898-8924 or investor.relations@metrobank.com.ph

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Metrobank is the countrys premier universal bank and has the largest domestic network of 872 branches
and over 1,900 automated teller machines (ATMs) nationwide, and 31 foreign branches, subsidiaries and
representative offices. For inquiries, please contact the Investor Relations Department at 857-9783 and
investor.relations@metrobank.com.ph. Or call the Metrobank 24/7 Customer Hotline at 8700-700, or log
on to www.metrobank.com.ph. For provincial areas, call toll-free 1-800-1888-5775.

METROPOLITAN BANK & TRUST COMPANY

Metropolitan Plaza, Sen. Gil J. Puyat Avenue, 1200 Makati City, Philippines; Tel. no. (632) 898-8000 / 857-0000; Fax (632) 817-6248; www.metrobank.com.ph