The bank is seeking to raise at least P5 billion from the peso-denominated bonds, which carry a fixed coupon of 6.26 percent and mature in one and a half years.
The offer period runs from July 9 to July 21, with issuance and listing scheduled for July 28.
The latest transaction will mark BDO’s sixth ASEAN sustainability bond offering since 2022 and bring the total amount it has raised through the instrument to P386.7 billion.
BDO said the proceeds will finance or refinance eligible assets under its sustainable finance framework while supporting lending activities.
The Securities and Exchange Commission has confirmed that the proposed issuance complies with the ASEAN Sustainability Bond Standards and the regulator’s sustainability bond rules.
ING Bank N.V., Manila Branch is the sole arranger and sustainability coordinator, while BDO and ING will serve as selling agents. BDO Capital & Investment Corp. is the financial adviser.
—Edited by Miguel R. Camus