BPI to Launch ₱5-Billion ASEAN Social Bond Offering Under SIGLA Program

The Bank of the Philippine Islands (BPI) has announced plans to offer and issue ₱5 billion worth of Philippine peso-denominated fixed-rate bonds, branded as the BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028. The offering, which comes with an option to upsize, will serve as the second tranche under BPI’s ₱200-billion Bond and Commercial Paper Program approved by the bank’s Board of Directors on October 16, 2024.

The BPI SIGLA Bonds will have a tenor of two years and have been affirmed by the Securities and Exchange Commission as carrying the “ASEAN Social Bond” label, in line with the ASEAN Social Bond Standards. Net proceeds from the issuance will be allocated to the financing or refinancing of eligible social projects under BPI’s Sustainable Funding Framework, reinforcing the bank’s commitment to inclusive growth and social development.

The public offer period is scheduled to run from January 26 to February 4, 2026, with issuance and listing targeted on February 13, 2026, on the Philippine Dealing & Exchange Corp. BPI noted that it, together with the joint lead arrangers and selling agents, may revise the offer terms, periods, or dates as deemed appropriate, subject to due notice.

BPI Capital Corporation and ING Bank N.V., Manila Branch have been appointed as joint lead arrangers and selling agents for the transaction. Interested investors may visit any BPI branch or coordinate directly with the joint lead arrangers through their designated contact channels.

The bonds are securities exempt from registration under Section 9.1(e) of the Securities Regulation Code and will not be registered with the Securities and Exchange Commission. The BPI SIGLA Bonds are not deposit instruments and are not insured by the Philippine Deposit Insurance Corporation. BPI is supervised by the Bangko Sentral ng Pilipinas.