BDO launches public offer of P5-B sustainability bonds

Sy-led BDO Unibank Inc. on Wednesday announced the launching of the public offer of its peso-denominated fixed-rate sustainability bonds.

In a disclosure to the Philippine Stock Exchange, BDO said the bonds would have a minimum aggregate issue size of P5 billion. 

The issuance has a maturity period of three years with an interest rate of 5.7125% per year.

BDO said the minimum investment amount is P500,000, with additional increments of P100,000. 

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

The bank said the launching marks its fifth issuance of a peso-denominated ASEAN Sustainability Bond, following an aggregate of P286.7 billion in sustainability bonds in four prior issuances since January 2022.

The net proceeds of the bond offer will be used to support the bank’s lending activities, diversify funding sources, and finance and/or refinance eligible assets as defined in the bank’s Sustainable Finance Framework. 

The bank added that the Securities and Exchange Commission (SEC) has confirmed that the proposed issuance complie with the requirements under the ASEAN Sustainability Bond Standards and the SEC ASEAN Sustainability Bond Circular.

“BDO reserves the right to amend the terms and the timing of the issuance as it deems necessary,” it said.

Standard Chartered Bank was tapped as the sole arranger of the issuance, with BDO Unibank Inc. and Standard Chartered Bank as the selling agents and BDO Capital & Investment Corporation as the financial advisor. —VBL, GMA Integrated News