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BDO Unibank, Inc. successfully raised P115 billion for its fourth Peso-denominated ASEAN Sustainability Bond issue, twenty three times oversubscribed against the original offer P5 billion. The public offer period was set to run for two weeks, from July 9, to 22, 2025. The issuance saw robust participation from both retail and institutional investors, that prompted the early close of the offer period on 14 July 2025, after only four days. The Bank's latest ASEAN Sustainability Bond has a tenor of one-and-a-half (1.5) years and a coupon rate of 5.875% per annum. The issue, settlement, and listing date is on 29 July 2025.
The net proceeds of the issuance are intented to finance and/or refinance eligible assets as defined in the Bank's Sustainable Finance Framework, support the Bank's lending actitivities, and diversify the Bank's funding sources. ING Bank N.V., Manila Branch (ING) was the Sole Arranger and Sustainability Coordinator, with BDO Unibank, Inc. and ING as Selling Agents, and BDO Capital & Investment Corporation as Financial Advisor. BDO is a full-service universal bank which provides a wide range of corporate and retail services such as loan and deposit products, treasury, trust banking, investment banking. private banking, rural banking and rnicrofinance, cash management, leasing and finance, remittance, life insurance, property & casualty insurance brokerage, cash cards, credit cards, and online and non-online stock brokerage services. BDO has the country's largest distribution network, with over 1,700 consolidated operating branches and more than 5,800 teller machines nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East. The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2024. |
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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