METRO BANK PHILIPPINES

CORPORATE FINANCE AND CONSULTANCY

If you’re interested to get any of these loans, please visit a Metrobank branch nearest you.

SYNDICATED TERM LOAN

Their Syndicated Term Loan gives you access to large, long-term capital from various lenders without having to negotiate with them individually.  It lets you maximize the value of your collateral (e.g., MTI vs. 2nd Mortgage on REM).

Tenor can range from 3 to 10 years, with the following as collateral:

• Real Estate Mortgage on project assets
• Chattel Mortgage on project assets
• Assignment of Receivables, Contracts, Insurance
• Standby Letter of Credit
• Principal’s or Corporate Guarantee or Surety

Details:

• Minimum P300 million loan amount (or its dollar equivalent)
• Tenor of 3-10 yrs
• 91-day T-Bill or Phibor as reference rate
• Maximizes value of collateral
• Various types of allowable collateral

STRUCTURED FINANCE

Structured finance provides long-term financing to facilitate projects such as infrastructure or power generation that generates a revenue stream usable for loan repayment. The Tenor can range from 3 to 10 years. Allowable collateral, whether on non-recourse or limited recourse, are the following:

• Real Estate Mortgage on project assets
• Chattel Mortgage on project assets
• Assignment of Receivables, Contracts, Insurance related to the project
• Principal’s or Corporate Guarantee or Surety
• Special accounts are set up to monitor revenue inflows, expenses, as well as debt service.

Unlike other corporate lending products, Structured Finance limits risk analysis to the project feasibility instead of the commercial or company risk.

Details:

• For projects with revenue stream like infrastructure or power generation
• Minimum P300 million loan amount (or its dollar equivalent)
• Tenor of 3-10 yrs
• 91-day T-Bill or Phibor as reference rate
• Various types of allowable collateral
• Special accounts to monitor revenues, expenses, and debt service
• Limited scope of risk analysis

LTCP/BOND ISSUANCE & UNDERWRITING

Long-Term Commercial Paper (LTCP)/Bond provides your company long-term capital to finance the expansion or modernization of long-term assets.With the track record and expertise of their dynamic treasury group, they can help you minimize the cost of capital by giving you sound advice on the instrument’s forms and features, and information on the proper timing for raising capital through it.

The Tenor can range from 3 to 10 years. Interest or coupon rates may be fixed or floating, based on a pre-determined reference rate such as Treasury Bills. Interest rates consider your company’s cash flow capability as well as the prevailing long-term interest rates.

Security may either be clean (i.e., “debenture instruments”), or pledged against a particular asset of a firm (“asset-backed securities”).

Details:

• For financing of expansion or modernization of long-term assets
• Minimum amount P300 million
• Tenor of 3-10 yrs
• Fixed or floating coupon rates
• Security may be debenture instruments or asset-back securities

EQUITY ISSUANCE

They design equity instruments for companies looking at offering shares of ownership (common or preferred) as a form of raising long-term capital through an Initial Public Offering (IPO). Their Equity Issuance service matches the needs of companies planning or undertaking to:

• Privatize
• Meet minimum public ownership law
• Retire or re-finance existing debt
• Change capital structure or minimize cost of capital

As the Issue Manager, they offer professional expertise in:

• Formulating specific terms in the instrument according to your company’s capital requirements;
• Judging market sentiments and advising you on the proper timing of the flotation; and,
• Providing access to a strong underwriting and distribution network.

Your company’s capital requirements will dictate the amount of issue/flotation. There will be dividend payments expressed as a percentage of the par value of the instrument.

Details:

• Design and issuance of certificates of ownership intended to be offered or sold in an IPO
• Sound advice on amount and proper timing of flotation
• Access to strong underwriting and distribution network

FINANCIAL ADVISORY

Their Financial Advisory service can help you decide on the most efficient way to raise your company’s capital requirement. With their track record and expertise in corporate finance products, we can help you:

• Maximize ROI and shareholders’ wealth
• Minimize cost of capital
• Analyze market sentiment and take advantage of proper timing for raising capital

Depending on your requirements, they can:

• Conduct a project research and feasibility evaluation
• Prepare a financial model
• Prepare an Information Memorandum

Advise on which of the different corporate finance products can efficiently meet your funding targets.