PH Dealbook: RCBC bond issue fetches $320m; Jollibee seals $99.5m deal with Smashburger

In two separate business developments, financial services provider Rizal Commercial Banking Corp (RCBC) raised $320 million from a bond offering, while fast-food giant Jollibee Foods Corp has completed its 40 per cent stake buy in US-based restaurant brand Smashburger Master LLC, for $99.5 million.