PNB to raise at least P3 billion from sustainability bonds

Philippine National Bank (PNB) aims to raise a minimum of P3 billion through a sustainability bond sale to finance green and social projects.

The bonds, denominated in pesos, will be offered in two tranches with maturities of three and five years.

PNB has the option to increase the total offering size based on market demand.

This bond sale is part of PNB's larger P50 billion borrowing program.

The public offer period for the sustainability bonds is set from November 26 to December 2, 2025, with the issuance and listing expected on December 11.