October 18, 2016

PHILIPPINE STOCK EXCHANGE, INC.

Tower One and Exchange Plaza
Ayala Triangle, Ayala Avenue
Makati City
Attention:

Mr. Jose Valeriano B. Zuo III

OIC - Head, Disclosure Department
Ms. Dianne Eileen A. Cenidoza
Analyst, Disclosure Department

PHILIPPINE DEALING & EXCHANGE CORP.

37th Floor, Tower 1, The Enterprise Center
6766 Ayala Ave., cor. Paseo de Roxas, Makati City
Attention:

Re:

Ms. Vina Vanessa S. Salonga

Head, Issuer Compliance and Disclosure Department (ICDD)
Press Release BDO Issues USD 300 Million Senior Notes
=============================================

Ladies and Gentlemen:

Please be informed that BDO Unibank, Inc. (BDO) is releasing to the press the attached
statement regarding BDOs issuance of USD 300 million in Fixed Rate Senior Notes under its
Medium Term Note Program.
Thank you.
Very truly yours,

ELMER B. SERRANO
Corporate Information Officer

October 18, 2016

BDO issues USD 300 million Senior Notes

BDO Unibank, Inc. (BDO) announced its issuance of USD 300 million in Fixed Rate
Senior Notes under the Banks Medium Term Note (MTN) Program.
The Senior Note issue is part of the Banks liability management initiatives to tap
longer-term funding sources to support dollar-denominated projects and effectively
refinancing outstanding bonds worth USD 300 million maturing in February next year.
The issue was priced at 2.630% with a maturity of five (5) years. The bonds were
rated Baa2 by Moodys. With demand coming primarily from Asian investors, the
transaction was three times (3x) oversubscribed and is the lowest ever coupon for
any USD bond for a Philippine issuer.

Standard Chartered Bank and UBS AG acted as joint lead arrangers for the
transaction.

About BDO

BDO is a full-service universal bank which provides a wide range of corporate and
retail banking services. These services include traditional loan and deposit products,
as well as treasury, trust banking, investment banking, private banking, rural 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 1,000 operating
branches and over 3,000 ATMs nationwide. It also has a branch in Hong Kong as
well as 25 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 and trust
funds under management based on published statements of condition as of June 30,
2016. For more information, please visit www.bdo.com.ph.