Philippine National Bank (PNB) #46889
Created at
2025-03-04
Last update
2025-03-05
0 Parents (Involvements as child)
2 Children (Involvements as parent)
ID
Name
PNB Capital & Investment Corp
Country of registration/origin
Philippines
Classification
Investment Bank
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
ID
Name
3 Barracuda Energy Corporation (3BEC)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Comment
The Bugallon Solar Power Project under 3BEC is financed partly through a P18.3-billion ($325 million) green loan facility with Security Bank Corp., Rizal Commercial Banking Corp. (RCBC) and Philippine National Bank (PNB) serving as lenders and hedging banks.
SB Capital Investment Corp., RCBC Capital Corp. and PNB Capital and Investment Corp. are the mandated lead arrangers, while RCBC is the green loan coordinator.
Source: Manila Standard Media Report