SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

May 2, 2017

2. SEC Identification Number

20573

3. BIR Tax Identification No.

000-477-863-000

4. Exact name of issuer as specified in its charter

Metropolitan Bank & Trust Company

5. Province, country or other jurisdiction of incorporation

Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Metrobank Plaza, Sen. Gil Puyat Ave., Makati City Postal Code 1200

8. Issuer's telephone number, including area code

02-898-8000

9. Former name or former address, if changed since last report

n/a

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common shares	3,180,172,786

11. Indicate the item numbers reported herein

1

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Metropolitan Bank & Trust CompanyMBT

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Update on the Establishment of a Medium Term Note Programme (MTN Programme)
Background/Description of the Disclosure
On 27 April 2017, Metropolitan Bank & Trust Company (the “Bank”) completed the establishment of its Medium Term Note Programme (the “Programme”) in the aggregate amount of up to Two Billion US Dollars (USD2,000,000,000) or its equivalent in other currencies. UBS acted as Sole Arranger, while ANZ, DBS Bank Ltd., HSBC, J.P. Morgan, MUFG and UBS were appointed dealers for the Programme. The Programme is listed on the Singapore Stock Exchange. With the establishment of the Programme, the Bank has flexibility in accessing the international capital markets and maximizing opportunities to raise funding expediently. The issuance of notes pursuant to the Programme shall be subject to prevailing market conditions, any applicable regulatory requirement, and certain closing conditions and deliverables that are usual and customary for transactions of such nature.
Other Relevant Information
Disclosure updated to indicate (1) Date of establishment of the Programme, (2) Sole Arranger / Dealers and (3) Listing