BDO closes sustainability bond offer early after strong investor demand

July 13, 2026
8:48AM PHT
Nestor Tan 
BDO Unibank president, CEO 

Industry giant Unibank has closed its latest peso-denominated ASEAN sustainability bond offer just two days after launch, signaling strong investor appetite for the bank’s latest fundraising despite the short-term tenor.

The Sy family-led lender originally planned to accept subscriptions from July 9 to July 21 but ended the offer on July 10 after attracting robust demand from both retail and institutional investors.

The move effectively cut the planned 13-day offer period to just two days, allowing the bank to wrap up the fundraising well ahead of schedule.

An early close typically reflects an offer that has been heavily subscribed, with issuers ending the sale once they have secured sufficient orders from investors.

The bonds carry a fixed coupon of 6.26 percent and mature in one and a half years, with issuance and listing scheduled for July 28.

Proceeds will finance or refinance eligible assets under BDO’s sustainable finance framework, support lending activities and diversify the bank’s funding sources.

The issue is BDO’s sixth ASEAN sustainability bond offering since 2022. Earlier this month, the bank said it was targeting at least P5 billion from the sale, six months after raising P100 billion in the country’s largest bond offering of 2026.

—Edited by Miguel R. Camus 

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