The three-year bonds were initially offered at P5 billion but drew demand about 20 times larger, prompting the bank to close the offer early on Jan. 16, ahead of the planned Jan. 19 end date.
Demand and pricing
The bonds carry a coupon rate of 5.7125 percent per annum, with issuance, settlement, and listing scheduled for Jan. 26, 2026.
Both retail and institutional investors participated in the sale, underscoring strong appetite for peso corporate debt at the start of the year.
Funding context
The deal comes after BDO set the record for the country’s largest corporate bond sale last year, raising P115 billion in July.
Proceeds from the new issuance will be used to support lending activities and to finance or refinance eligible assets under BDO’s Sustainable Finance Framework.
The Securities and Exchange Commission also confirmed the bonds comply with ASEAN Sustainability Bond Standards, clearing them for public sale.
Standard Chartered Bank is the sole arranger of this issuance, with BDO Unibank, Inc. and Standard Chartered Bank as selling agents, and BDO Capital & Investment Corp. as financial advisor.
—Edited by Miguel R. Camus
