BDO raises PHP132B in Sustainability Bonds

BDO Unibank Inc. raised PHP132 billion in fresh funds through its sixth Peso-denominated ASEAN Sustainability Bond issue, which was more than 26 times oversubscribed against the original PHP5-billion offer.

Strong demand from retail and institutional investors prompted the early closing of the offer period on July 10, 2026.

The 1.5-year sustainability bonds carry a coupon rate of 6.26 percent per annum and were issued, settled, and listed on July 28, 2026.

Proceeds will be used to finance or refinance eligible assets under BDO’s Sustainable Finance Framework, support lending activities, and diversify the bank’s funding sources.

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

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