BDO Launches Fourth ASEAN Sustainability Bond Offering
BDO Unibank, Inc. has launched its fourth Peso-denominated ASEAN Sustainability Bond, targeting a minimum aggregate issue size of PHP5 billion. The offering continues BDO’s momentum in sustainable finance, following successful issuances of PHP55.7 billion in July 2024, PHP63.3 billion in January 2024, and PHP52.7 billion in January 2022. The Securities and Exchange Commission (SEC) has
By Staff Writer
BDO Unibank, Inc. has launched its fourth Peso-denominated ASEAN Sustainability Bond, targeting a minimum aggregate issue size of PHP5 billion.
The offering continues BDO’s momentum in sustainable finance, following successful issuances of PHP55.7 billion in July 2024, PHP63.3 billion in January 2024, and PHP52.7 billion in January 2022.
The Securities and Exchange Commission (SEC) has confirmed the issuance’s compliance with the ASEAN Sustainability Bond Standards and the SEC’s dedicated ASEAN Sustainability Bond Circular.
The bond will carry a fixed annual coupon rate of 5.875% and will mature in 1.5 years.
The minimum investment is PHP500,000, with subsequent increments allowed in multiples of PHP100,000.
The public offer period runs from July 9 to 22, 2025, with issue, settlement, and listing scheduled for July 29, 2025.
Proceeds from the bond will be used to finance and refinance eligible projects under BDO’s Sustainable Finance Framework.
These projects include initiatives that promote environmental protection, social development, and green infrastructure.
BDO said the proceeds will also support its lending activities and enhance its funding diversification strategy.
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