C01502-2024

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)
Mar 18, 2024
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 (current business address) 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 5,259,201,283
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

Fixed income investor meetings for possible USD Notes issuance

Background/Description of the Disclosure

Bank of the Philippine Islands (“BPI” or the “Issuer”) has mandated BPI Capital Corporation as Sole Global Coordinator and Lead Arranger, alongside J.P. Morgan Securities plc, Mizuho Securities Asia Limited, Standard Chartered Bank, and UBS AG Singapore Branch as Joint Lead Arrangers to arrange a series of fixed income investor meetings commencing on March 18, 2024. A Regulation S offering of U.S. dollar-denominated senior unsecured debt securities (the “Notes”) may follow, subject to market conditions. The Notes are expected to be rated Baa2 by Moody’s, and when issued, will constitute a drawdown under BPI’s medium term note programme.

The legal adviser of the Issuer as to Philippine law is SyCip Salazar Hernandez & Gatmaitan, and the legal adviser of the Joint Lead Arrangers as to Philippine law is Romulo Mabanta Buenaventura Sayoc & de los Angeles. As to English law, the legal adviser of the Joint Lead Arrangers is Milbank (Hong Kong) LLP while Milbank LLP is the legal adviser of the Hongkong and Shanghai Banking Corporation Limited, the Trustee.

Other Relevant Information

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Filed on behalf by:
Name Maria Lourdes Gatmaytan
Designation Corporate Secretary