PH Digest: Nomura exits brokerage venture; Jollibee to issue $600m notes

PH Digest: Nomura exits brokerage venture; Jollibee to issue $600m notes

Manila Bay, Manila, Philippines. Photo: Eugenio Pastoral/unsplash

Philippine-listed bank BDO Unibank has agreed to buy out the stake of its stock brokerage partner Nomura while Jollibee Foods Corporation is offering $600-million US-dollar denominated notes.