BDO Unibank, Inc. is near raised P100 billion from Fifth issuance of ASEAN Stability Bond Strong investor demand.
This is 20 times its original P5-billion offer, it said in a disclosure to the stock exchange.
“The issue witnessed strong participation from retail and institutional investorsEarly closing of offer period on January 16,” it said.
BDO issued, settled and listed bonds on the Philippine Dealing and Exchange Corp. on Monday.
“The net proceeds are intended to support the Bank's lending activities and to diversify funding sources and to finance and/or refinance eligible assets as defined in the Bank's sustainable finance framework,” it said.
The papers have a tenure of three years and a coupon rate of 5.7125% per annum.
With this issuance, BDO has now raised a total of P386.7 billion through its five issuances of ASEAN Stability Bonds through January 2022.
Standard Chartered Bank was the sole arranger for the transaction and was also a selling agent with BDO. BDO Capital & Investment Corp. was the financial advisor.
BDO last tapped the domestic market through its fourth ASEAN Sustainability Bond issuance in July 2025, raising P115 billion through 1.5-year papers, up from the initial P5-billion plan and making it the largest peso bond issuance in the country to date.
The bank's net income increased 6.1% year-on-year to P22.47 billion in the third quarter of 2025 due to the continued expansion of its core businesses.
This brought its nine-month earnings to P63.09 billion, up 4.07% from a year earlier.
BDO shares closed at P138.20 on Monday, up 20 centavos or 0.14% from Friday's close. — Aaron Michael C. Cy