BDO launches PHP5B peso sustainability bond offer

MANILA, Philippines — BDO Unibank, Inc. has launched the public offering of its peso-denominated fixed-rate Sustainability Bonds with a minimum aggregate issue size of PHP5 billion, marking its fifth peso ASEAN Sustainability Bond issuance since 2022.

The three-year bonds carry a coupon rate of 5.7125% per annum, with a minimum investment of PHP500,000 and additional increments of PHP100,000.

The offer period runs from January 7 to 19, 2026, while the issue, settlement, and listing date is January 26, 2026.

Net proceeds from the issuance will be used to support BDO’s lending activities, diversify funding sources, and finance or refinance eligible assets in accordance with the bank’s Sustainable Finance Framework.

The Securities and Exchange Commission has confirmed that the issuance complies with the ASEAN Sustainability Bond Standards and the SEC ASEAN Sustainability Bond Circular.

The transaction follows BDO’s four previous peso-denominated sustainability bond issuances since January 2022, which raised a combined PHP286.7 billion.

BDO reserves the right to amend the terms and timing of the issuance as necessary.

Standard Chartered Bank serves as sole arranger, with BDO Unibank and Standard Chartered Bank acting as selling agents.

BDO Capital & Investment Corporation is the financial advisor.

The bonds are exempt from registration under Section 9.1(e) of the Securities Regulation Code.