The offer period runs until Aug. 2, 2024 with issuance and listing on the Philippine Dealing and Exchange Corp. set on Aug. 9 this year, the lender said in a stock exchange filing on Friday.
The bonds, which also qualify as ASEAN Sustainability Bonds, require a minimum investment of P500,000 with additional increments of P100,000. Proceeds will finance or refinance eligible green and social projects per BPI’s sustainable funding framework.
“Bonds carrying this classification have been independently verified to have systems in place to ensure that proceeds raised will be directed toward projects that benefit society,” the bank said.