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BDO raises โ‚ฑ115B ASEAN Sustainability Bond

๐Ÿฎ๐Ÿฏ๐˜… ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐˜€๐˜‚๐—ฏ๐˜€๐—ฐ๐—ฟ๐—ถ๐—ฏ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐—๐˜‚๐˜€๐˜ ๐Ÿฐ ๐——๐—ฎ๐˜†๐˜€

BDO Unibank, Inc. has successfully raised โ‚ฑ115 billion from its fourth Peso-denominated ASEAN Sustainability Bond offeringโ€”23 times more than its original โ‚ฑ5 billion target. The offer, which was supposed to run from July 9 to 22, 2025, was closed early on July 14 due to overwhelming demand from both retail and institutional investors.

The bonds carry a 1.5-year tenor and a coupon rate of 5.875% per annum, with issuance, settlement, and listing set for July 29, 2025.

Proceeds will be used to finance or refinance eligible projects under BDOโ€™s Sustainable Finance Framework, support its lending activities, and expand funding sources.

ING Bank N.V. Manila Branch acted as Sole Arranger and Sustainability Coordinator. Selling Agents were ING and BDO Unibank, with BDO Capital & Investment Corporation as Financial Advisor.

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