BPI Prices BPI SINAG Bonds and Commences Offer Period

​The Bank of the Philippine Islands (BPI) has priced its 1.5-year Peso denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds (the "BPI SINAG Bonds"), with an aggregate principal amount of P5 Billion with an option to upsize (the “Offer”). As the first tranche under the Bank’s P200 Billion Bond and Commercial Paper Program, the BPI SINAG Bonds bear an interest rate of 5.85% per annum and will be paid quarterly. Applications to purchase the BPI SINAG Bonds require a minimum investment amount of P500,000 and additional increments of P100,000.

​BPI will use the net proceeds of the Offer to finance or refinance eligible projects under BPI’s Sustainable Funding Framework consistent with the ASEAN Sustainability Bond Standards.

The offer period begins on May 20, 2025 until May 30, 2025. The BPI SINAG Bonds are expected to be issued and listed with the Philippine Dealing and Exchange Corp. on June 10, 2025.

BPI is committed to creating value for its stakeholders, the environment, and the communities in which it operates. It strives to have sustainability at the core of its corporate strategies, ultimately achieving its business growth aspirations alongside its environmental and social responsibility.

On March 17, 2025, the Philippine Securities and Exchange Commission confirmed that the BPI SINAG Bonds qualify as ASEAN Sustainability Bonds. Bonds carrying this classification have been independently verified to have systems in place to ensure that proceeds raised will be directed toward projects with environmental and social benefits. This gives bondholders confidence that their investments will have clear and measurable sustainable impacts.

BPI Capital Corporation (“BPI Capital”) and Standard Chartered Bank (“SCB”) are the joint lead arrangers and selling agents of the Offer (BPI Capital and SCB are collectively referred to as “Joint Lead Arrangers”).

BPI and the Joint Lead Arrangers reserve the right to update the Offer terms, the periods, and the dates prescribed above, as deemed appropriate and with due notice.

Interested investors may visit any BPI branch or contact BPI Capital at [email protected].

The 173-year-old Bank of the Philippine Islands is the first bank in the Philippines and Southeast Asia. We are licensed as a universal bank by the Bangko Sentral ng Pilipinas to provide a diverse range of financial services: deposit taking and cash management, payments, lending and leasing, asset management, bancassurance, investment banking, securities brokerage, and foreign exchange and capital markets. BPI has significant financial strength, with robust Tier 1 capital adequacy ratios and profitability, underpinned by stringent compliance and risk management regimes.