BDO raises P100B from Asean sustainability bonds

MANILA, Philippines – Sy family-led BDO Unibank Inc. has raised P100 billion from its fifth peso-denominated Asean Sustainability Bonds issue, after the offer was heavily oversubscribed by investors. In a disclosure statement on Monday, BDO said the bond sale was around 20 times oversubscribed against the original P5-billion offering, prompting the bank to close the