On May 9, 2024, Security Bank issued USD 400 million of senior unsecured fixed rate bonds with coupon of 5.50%, tenor of five years, and maturity date of May 14, 2029. Settlement date was on May 14, 2024. The bonds were a drawdown of the Bank's USD 1 billion Medium Term Note Program.

The strong demand and successful pricing of the dollar bond issuance reflects the market's continued confidence in Security Bank's credit strength and growth prospects.