BDO Unibank Inc., the country’s largest lender by assets, is returning to the domestic debt market with a new peso-denominated fixed-rate sustainability bond offering worth at least PHP5 billion, marking its second sustainability bond issuance this year as the bank continues to expand funding for green and socially responsible projects.
The proposed bonds will carry a tenor of 1.5 years and a fixed coupon rate of 6.26 percent per annum. The offering will run from July 9 to July 21, with issue, settlement, and listing scheduled for July 28.
The Securities and Exchange Commission has confirmed that the issuance complies with the ASEAN Sustainability Bond Standards and the SEC ASEAN Sustainability Bond Circular.
Investors can subscribe with a minimum investment of PHP500,000, with additional investments accepted in increments of PHP100,000.
The latest offering follows BDO’s PHP100-billion sustainability bond issue in January 2026. Since launching its sustainable finance program in January 2022, the country’s largest lender has raised a total of PHP386.7 billion through five sustainability bond issuances.
BDO said proceeds from the new bond sale will be used to finance or refinance eligible assets under its Sustainable Finance Framework, support its lending activities, and diversify its funding sources.
The bank said it reserves the right to amend the terms and timing of the issuance if necessary.
ING Bank N.V., Manila Branch is serving as sole arranger and sustainability coordinator for the transaction, while BDO and ING will act as selling agents. BDO Capital & Investment Corp. is the financial adviser to the issuance.
