The bonds, listed on the Philippine Dealing & Exchange Corp., are structured with a 1.5-year tenor and offer a 5.85 percent annual interest rate, paid quarterly. The issuance is fully aligned with ASEAN Sustainability Bond Standards.
Proceeds will fund eligible green and social projects under BPI’s Sustainable Funding Framework.
“This issuance is not just a financial milestone, but an expression of our shared belief across institutional, high-net worth, and retail clients that banking can be a catalyst for positive change,” said Dino Gasmen, BPI’s treasurer and head of global markets.
“The enthusiastic response to the BPI SINAG Bonds reflects a growing alignment between capital markets and sustainability. We are honored by the trust placed in us and excited to channel these funds into projects that directly benefit communities and the environment.”
“BPI’s legacy as a pioneering financial institution now includes being a leader in sustainable finance,” Gasmen added. BPI Capital and Standard Chartered Bank served as joint lead arrangers and selling agents.
