BDO Unibank, Inc. (the “Bank”) announced today the start of its public offering of PHP5 billion worth of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds as the Bank’s third issuance under its PHP365 billion Bond Programme. The net proceeds of the issue are intended to diversify the Bank’s funding sources, and finance/refinance eligible assets under the Bank’s Sustainable Finance Framework.

The bonds have a tenor of two (2) years and a fixed rate of 2.90% per annum. Interest is payable quarterly, calculated on a 30/360 basis. The minimum investment amount is PHP500,000 with increments of PHP100,000.

The offer period will run from January 10 to January 21, 2022, while the issue, settlement, and listing date is set for January 28, 2022. However, the Bank reserves the right to adjust the timing of the offer (as appropriate).

Standard Chartered Bank is the Sole Arranger, while BDO Unibank, Inc, BDO Private Bank, Inc., and Standard Chartered Bank are the Selling Agents of the proposed issue. BDO Capital & Investment Corporation is the Financial Advisor of the proposed issue.

THE BONDS ARE SECURITIES EXEMPT FROM REGISTRATION UNDER SECTION 9.1(e) OF THE SECURITIES REGULATION CODE (“SRC”) AND AS SUCH WILL NOT BE REGISTERED UNDER THE SRC.

THE FOREGOING IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE, AND SHOULD NOT BE CONSTRUED AS, AN OFFER OR SOLICITATION OF ANY OFFER TO INVEST IN THE BONDS NOR AN OBLIGATION ON THE PART OF BDO TO ISSUE THE BONDS OR THE ARRANGER AND SELLING AGENTS TO ACCEPT ANY OFFER. THE ABOVE INFORMATION DOES NOT PURPORT TO BE COMPLETE OR EXHAUSTIVE. PROSPECTIVE INVESTORS SHOULD READ THE OFFERING CIRCULAR FOR THE OFFER IN ITS ENTIRETY. THE BONDS WILL ONLY BE SOLD DURING THE OFFER PERIOD STATED ABOVE.