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LANDBANK plans sustainability bond offering
The Land Bank of the Philippines (Landbank) plans to offer sustainability bonds in the first quarter of 2026 to expand its lending to priority sectors.
The planned issuance aims to mobilize long-term funding to scale up Landbank's existing sustainable lending programs and further strengthen its leadership in sustainable finance.
Proceeds from the bonds will support national development priorities, including agriculture, MSMEs, renewable energy, housing, and infrastructure.
As of October, Landbank has disbursed P176.48 billion in sustainable finance loans, supporting initiatives related to renewable energy transition, clean transport, water access, housing, disaster resilience, and health system improvements.
The bank is eyeing to raise over P20 billion from a sustainability bond offering, which will be branded as 'Asenso bonds'.
The bonds are expected to have a tenor between one and five years, and could also be issued in multiple tranches.
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