BDO Unibank Inc. is returning to the domestic bond market to raise at least P5 billion from its sixth peso-denominated ASEAN Sustainability Bonds issue, according to a report by Philstar Biz.
The country's largest bank continues to diversify its funding sources for sustainable finance and lending activities through this bond issuance. The Sy-led lender has been a regular issuer of sustainability bonds in the Philippine capital market.
Proceeds from the offering will be used to finance or refinance eligible green and social projects, aligning with BDO's commitment to environmental and social governance (ESG) principles.