BDO Unibank, Inc. (BDO) has priced its USD 500 million 5-year Fixed Rate Senior Notes under the bank’s Medium Term Note (MTN) Program, with the issuance attracting strong investor demand. The offer was more than 3.2 times oversubscribed, generating orders of around USD 1.6 billion.
The Senior Notes carry an annual coupon rate of 4.375% and are expected to receive a “Baa2” rating from Moody’s, indicating moderate credit risk. Settlement is scheduled for December 3, 2025.
According to BDO, the issuance forms part of its liability management strategy to secure longer-term funding for its lending activities and other general corporate purposes.
Standard Chartered Bank served as the sole global coordinator for the transaction. Standard Chartered Bank, MUFG, and Wells Fargo Securities acted as joint bookrunners and joint lead managers.
