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July 13, 2024

BDO opens third Sustainability Bond offering for environmentally conscious investors

BDO Unibank Inc. (BDO), the banking arm of conglomerate SM Investments Corp., is offering P5 billion in peso-denominated, fixed-rate sustainability bonds.

This marks BDO’s third such offering, following successful issuances in January 2022 and 2024.

It also reflects BDO’s continued commitment to financing environmentally and socially responsible projects.

The 1.5-year bond offers a competitive coupon rate of 6.325% per annum. Investors with a minimum of P500,000 (with additional increments of P100,000) can participate in the offering, open until July 19, 2024. The target issuance date is July 24.

Funds raised will be used to finance or refinance assets aligned with BDO’s Sustainable Finance Framework, promoting positive environmental and social impact. This offering allows investors to contribute to a sustainable future while earning a solid return on their investment.