BDO to issue Basel III compliant Tier 2 Notes

Investors will have the opportunity to further diversify their investment portfolio as BDO Unibank Inc. (BDO) launched an offering of up to P10 billion worth of peso-denominated Tier 2 Notes, its first under the Basel III regime. The issue will supplement BDO's current capital position in further support of lending growth.

The issue will have a maturity of 10 years and 1 quarter, with an optional redemption exercisable by BDO after 5 years and 1 quarter. The indicative yield ranges from 5.00 - 5.375%, with the final rate to be announced by the end of the offer period. The minimum investment amount is P500,000 with increments of P100,000.

The offer period will run from November 17 - 28, 2014. BDO however reserves the right to shorten the offer period as needed. The transaction will have Deutsche Bank AG Manila Branch, The Hongkong and Shanghai Banking Corporation, and Standard Chartered Bank as joint lead arrangers and selling agents.
The other selling agents are BDO and Multinational Investment Bancorporation.

Interested investors may contact their nearest BDO branch or any of the arrangers/selling agents for more details and required documentation.

About BDO

BDO is a full-service universal bank which provides a wide range of corporate, commercial and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services.

BDO has one of the largest distribution networks, with more than 860 operating branches and over 2,500 ATMs nationwide. It also has a branch in Hong Kong as well as 29 overseas remittance and representative offices in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, capital and trust funds under management based on published statements of
condition as of June 30, 2014. For more information, please visit www.bdo.com.ph.