BDO prices USD 500 million senior notes

BDO Unibank Inc. has announced on Tuesday, November 25, that they have priced USD 500 million five-year fixed-rate senior notes under the bank’s Medium Term Note Program.

The notes were more than 3.2 times oversubscribed, with orders reaching about USD 1.6 billion.

The senior notes will carry a coupon rate of 4.375% per annum.

The notes are expected to be rated Baa2 by Moody’s, indicating moderate credit risk for a financial obligation.

Settlement is expected on 3 December 2025.

The issuance is part of BDO’s liability management strategy to tap longer term funding sources to support its lending operations and general corporate purposes.

Standard Chartered Bank served as the sole global coordinator for the offer, and together with MUFG and Wells Fargo Securities, served as joint bookrunners and joint lead managers for the transaction.