BDO notes pricing draws heavy orders
The offer, made under BDO’s Medium Term Note Program, was more than 3.2 times oversubscribed. The Senior Notes are expected to be rated ‘Baa2’ by Moody’s, with settlement scheduled for 3 December.
As of the first quarter of 2025, BDO Unibank was ranked the Philippines’ largest bank based on various metrics, including total assets, customer loans, and deposits. BDO led the industry with P4.83 trillion in total assets in the first quarter of 2025 and maintained the lead in total loans, with P3.25 trillion issued in the first quarter of 2025. It also had the most deposits, totaling P3.84 trillion in the first quarter. In its 2025 report, Brand Finance Philippines, the local operator of the world’s leading independent brand valuation consultancy, recognized BDO as the Philippines’ most valuable brand for the second consecutive year, with a brand value of $3.7 billion.
PHOTOGRAPH COURTESY OF BDO