BDO Unibank, Inc. has raised up to PHP100 billion through its fifth Peso-denominated ASEAN Sustainability Bond issuance, which was oversubscribed nearly 20 times, underscoring strong investor confidence in the bank’s sustainable finance program.
The public offer involved fixed-rate Sustainability Bonds with a minimum aggregate issue size of PHP5 billion. This latest issuance brings BDO’s total Sustainability Bonds raised to PHP286.7 billion across five offerings since January 2022.
Proceeds from the bond sale will be used to support BDO’s lending activities, diversify funding sources, and finance or refinance eligible assets in line with the bank’s Sustainable Finance Framework, particularly those aligned with environmental and sustainability objectives.
The Securities and Exchange Commission (SEC) confirmed that the issuance complies with the ASEAN Sustainability Bond Standards and the SEC ASEAN Sustainability Bond Circular.
The bonds have a tenor of three years and carry a coupon rate of 5.7125 percent per annum. The minimum investment amount is PHP500,000, with increments of PHP100,000 thereafter. The offer period runs from January 7 to 19, 2026, with issue, settlement, and listing scheduled on January 26, 2026.
BDO said it reserves the right to amend the terms and timing of the issuance, as necessary.
Standard Chartered Bank served as sole arranger, with BDO Unibank and Standard Chartered Bank acting as selling agents. BDO Capital & Investment Corporation acted as financial advisor for the transaction.
The strong reception of the bond issuance highlights growing investor support for sustainable and green financing initiatives in the Philippines.
