24 July 2024, Makati, Philippines — BDO Unibank, Inc. (BDO) returns to the capital debt market for the listing of its PHP 55.7 billion Fixed Rate ASEAN Sustainability Bonds Due 2026.

PDEx President and CEO, Mr. Antonino Nakpil highlighted BDO’s swift response to keep the Philippines ahead among ASEAN peers with its Environmental, Social and Governance (ESG) related bond issuances. “BDO Unibank Inc. was the first issuer of a USD-denominated Blue Bond two years ago and is now the issuer of two Sustainability Bonds in one year for around USD 2 Billion equivalent, huge even for global standards. This response of the private sector should keep the Philippines in step with Thailand among the leading ASEAN ESG bond issuing countries.”

Securities and Exchange Commission (SEC) Technical Officer, Mr. Kyle Dionisio delivers the special message on behalf of Commissioner Mcjill Bryant Fernandez. The SEC was pleased to highlight the contribution of BDO to the total sustainability labeled bonds and its impact to the overall planned target increase for GSS bond issuance. “With this PHP 55.7 billion issuance, BDO has now contributed 11.52% of our total sustainability labeled bonds and 24% from the prior 18% for the issuance of our ASEAN labeled bonds.”

BDO’s Executive Vice President and Treasurer, Mr. Dalmacio Martin was delighted to be back at the podium for the listing of another issuance which shows a sign of the bank’s commitment to sustainability-related businesses. “This is not only a reflection of the strength of our lending franchise, but more importantly a sign of our commitment to promoting sustainability-related businesses.  It is also a testament to the belief and trust that our investors have in BDO.”

This fourteenth admission for 2024 brings the year-to-date total of new listings to PHP 232.84 billion and the total outstanding amount to PHP 1.2 trillion issued by forty-two companies, comprised of 170 securities.