The country’s third-largest private lender plans to issue BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028 as the second tranche under its P200 billion bond and commercial paper program approved by its board.
The two-year, fixed-rate bonds carry the ASEAN Social Bond label, following affirmation by the Securities and Exchange Commission on December 18, 2025.
Net proceeds will be used to finance or refinance eligible social projects under BPI’s Sustainable Funding Framework, in line with ASEAN Social Bond Standards.
The public offer period is scheduled from January 26 to February 4, 2026, with issuance and listing targeted on February 13, 2026 at the Philippine Dealing & Exchange Corp.
BPI Capital Corp and ING Bank N.V., Manila Branch are acting as joint lead arrangers and selling agents for the offer.
—Edited by Miguel R. Camus