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PNB to issue up to P3 B sustainability bonds

The Philippine Star

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November 13, 2025

The Philippine National Bank (PNB) is set to issue at least P3 billion worth of peso-denominated sustainability bonds, marking the inaugural offering under its P50-billion bond and commercial paper program.

- By KEISHA TA-ASAN

In a disclosure to the Philippine Stock Exchange, the bank said the dual-tranche bonds will have tenors of three and five years, with an option to increase the issue size depending on demand.

Proceeds will be used to finance or refinance eligible green and social projects aligned with PNB’s sustainability financing framework.

“This bond issuance reflects PNB’s commitment to responsible banking and sustainable growth,” PNB president and CEO Edwin Bautista said.

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