BPI plans to raise at least P5B through ASEAN sustainable bonds for green projects and funding diversification.

Bank of the Philippine Islands (BPI), led by the Ayala group, plans to raise at least P5B through ASEAN sustainable bonds to fund green projects and diversify funding sources. The 1.5-year peso-denominated sustainable bonds offer runs from July 18 to August 2, with BPI Capital Corp. and Standard Chartered Bank as joint lead arrangers and selling agents. The bonds will be the third tranche of BPI's P100B bond program, approved in May 2022.

July 04, 2024
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