BDO Unibank raised $500M in an oversubscribed offshore bond offering, backed by $1.6B in demand.

BDO Unibank Inc. raised $500 million in a highly oversubscribed offshore bond offering, receiving $1.6 billion in orders, more than three times the amount sought. The five-year, 4.375% fixed-rate notes are set to settle on December 3 and will support lending and corporate needs. The transaction, led by Standard Chartered, reflects strong investor confidence and marks BDO’s return to the offshore debt market after over three years.