The bonds were listed on the Philippine Dealing & Exchange Corp. and priced at 5.4050 percent per year, with interest paid quarterly.
The offer was originally set at P5 billion but was increased to P50 billion after demand reached roughly 10 times the base size.
Management’s view
“This issuance represents a significant milestone in our commitment to promoting inclusive growth and empowering underserved sectors across the Philippines,” said Dino Gasmen, BPI’s treasurer and head of global markets.
“We are deeply grateful for the trust placed in us and excited to channel the proceeds toward initiatives that generate positive social impact,” he dded/.
Second tranche
The sale represents the second tranche of BPI’s P200-billion Bond and Commercial Paper Program approved by its board on Oct. 16, 2024.
The Securities and Exchange Commission affirmed the bonds’ ASEAN Social Bond label on Dec. 18, 2025, with proceeds to be used to finance or refinance eligible social projects under the bank’s Sustainable Funding Framework.
BPI Capital Corp. and ING Bank N.V., Manila Branch acted as joint lead arrangers and selling agents for the offer.
