BDO beats SMC record for biggest harvest from bond sale

MANILA, Philippines  —Sy-led BDO Unibank Inc. said on Monday it raised P63.3 billion from the sale of bonds, overtaking the previous record-holder, conglomerate San Miguel Corp. (SMC), which raised P60 billion at the start of 2023. BDO, the country’s largest bank, said the sale of Asean sustainability bonds saw overwhelming demand from investors, with the
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