SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Oct 17, 2023

2. SEC Identification Number

PW-121

3. BIR Tax Identification No.

000-438-366-000

4. Exact name of issuer as specified in its charter

BANK OF THE PHILIPPINE ISLANDS

5. Province, country or other jurisdiction of incorporation

MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

22/F-28/F AYALA TRIANGLE GARDENS TOWER 2, PASEO DE ROXAS COR. MAKATI AVE., BEL-AIR, MAKATI CITY Postal Code 1226

8. Issuer's telephone number, including area code

(632) 8663-6525(CORPSEC OFFICE)/(632)8663-6733(IR)

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	4,945,197,291

11. Indicate the item numbers reported herein

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The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Bank of the Philippine IslandsBPI

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
BPI Prices its 1.5-year Peso-denominated Bonds and Commences Offer Period
Background/Description of the Disclosure
The Bank of the Philippine Islands (“BPI” or the “Bank”) has priced its 1.5- year Peso Fixed-Rate Bonds due 2025 (the "Bonds"), with an aggregate principal amount of Php5 Billion with option to upsize. The Bonds, the second tranche under the Bank’s Php100.0 Billion Bond Program (the “Offer”), will be issued at par value, bearing an interest rate of 6.425% per annum, paid quarterly. Applications to purchase the Bonds require a minimum investment amount of Php1,000,000 and in additional increments of Php100,000. BPI will use the net proceeds of the offer for general corporate purposes, and the Offer will contribute to BPI’s funding source diversification. The Offer period will commence on October 17, 2023 and end on November 3, 2023. The Bonds are expected to be issued and listed with the Philippine Dealing and Exchange Corp. on November 13, 2023. BPI Capital Corporation (“BPI Capital”) and ING Bank N.V., Manila Branch are the Joint Lead Arrangers and Selling Agents of the Offer. BPI and the Joint Lead Arrangers reserve the right to update the Offer terms, the periods, and the dates prescribed above, as deemed appropriate and with due notice. Interested investors may visit any BPI branch or contact BPI Capital at [email protected].
Other Relevant Information
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