This is BDO’s fourth sustainability bond issuance, following its successful P55.7-billion, P63.3-billion, and P52.7-billion sales in the past three years.
The bonds will carry a 5.875 percent coupon and a tenor of 1.5 years, with a minimum investment of P500,000 and increments of P100,000.
The offer period runs from July 9 to 22, 2025, with listing and settlement set for July 29.
Proceeds will be used to finance or refinance green and social projects, support BDO’s lending activities, and diversify its funding sources.
The Securities and Exchange Commission has certified the issuance as compliant with ASEAN Sustainability Bond Standards.
ING Bank N.V. Manila Branch serves as the sole arranger and sustainability coordinator, while BDO Unibank and ING are selling agents. BDO Capital is financial advisor.
—Edited by Miguel R. Camus