SECURITY Bank Corp. is seeking to raise P5 billion in fresh funds, with an option to upsize based on demand, from the second tranche of its approved P20-billion offering of long-term negotiable certificates of time deposit (LTNCDs).

The offer period will run from April 10 to April 20, 2018, with an issue date of May 2 this year, the bank said in a disclosure on Tuesday.

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