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)

Nov 13, 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

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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 Issues Over ₱36 Billion of 6.4250% Bonds from a Successful and Upsized Offer
Background/Description of the Disclosure
On November 13, 2023, the Bank of the Philippine Islands (“BPI”) issued and listed ₱36,660,800,000 of Peso Fixed-Rate Bonds due 2025 (the “Bonds”) as the second tranche of its ₱100 Billion Bond Program approved by its Board of Directors on May 18, 2022 (the “Offer”). The Bonds have a term of 1.5 years and bear an interest rate of 6.4250% per annum, payable quarterly. The Bonds are now tradable on the Philippine Dealing & Exchange Corp. The final issue size of the Bonds was increased to over seven times the initial target of ₱5.0 Billion to meet strong investor demand. The net proceeds of the Offer will be used for general corporate purposes, including funding source diversification. "Our business continues to thrive mainly because of the strong trust our customers, investors, and stakeholders have in what we do. We thank our investors for the incredible demand in our issuance, as this will greatly support our push to expand our digitalization efforts and diversify our funding sources,” said BPI Treasurer Dino Gasmen. “We remain strongly committed to further improving our capacity to provide financial services that our fellow Filipinos need in line with our vision of building a better Philippines, one family, one community at a time." BPI Capital Corporation and ING Bank N.V., Manila Branch served as the Joint Lead Arrangers and Selling Agents of the Offer.
Other Relevant Information
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