BPI Shortens Offer Period for BPI SINAG Bonds

Following strong and substantial demand for its 1.5-year Peso-denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (BPI SINAG Bonds) across institutional, high-net worth, and retail clients, the Bank of the Philippine Islands (BPI) has decided to shorten the public offer period of the BPI SINAG Bonds. The offer of the BPI SINAG Bonds (the “Offer”) was originally set to run from May 20, 2025 to May 30, 2025. Due to the considerable demand already received, BPI will now close the Offer ahead of schedule, at the close of business on May 26, 2025. The Bank expresses its gratitude for the investing public’s strong support of the Offer

The BPI SINAG Bonds will be issued at par value, bearing an interest rate of 5.8500% p.a., paid quarterly. The planned issue and listing date of the BPI SINAG Bonds on June 10, 2025 with the Philippine Dealing and Exchange Corp. remains unchanged. 

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 listing and issue date, and the periods prescribed above, as deemed appropriate and with due notice. 

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.