BDO Unibank strengthens its leadership team: As part of its strategic efforts to enhance operations and digital transformation, BDO has appointed new executives to key positions, reinforcing its commitment to innovation and financial resilience.
Photograph courtesy of BDO.
BDO Unibank, Inc. is well on its way to expanding its sustainable finance footprint after successfully raising P100 billion from its fifth Peso-denominated ASEAN Sustainability Bonds, twenty times the original offer of P5 billion.
The Sy Family-led bank said Monday that strong demand from both retail and institutional investors led to the early closing of the offer on 16 January.
“This issuance reinforces BDO’s commitment to sustainable financing while broadening our funding sources,” the bank said.
The latest bond has a three-year tenor and a 5.7125 percent annual coupon rate. Proceeds will support BDO’s lending activities and finance or refinance eligible assets under the Bank’s Sustainable Finance Framework.
Standard Chartered Bank served as the sole arranger, with BDO Unibank and Standard Chartered as selling agents, and BDO Capital & Investment Corp. as financial advisor.
Since January 2022, BDO has raised a total of P386.7 billion through five Sustainability Bond issuances.
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