January 7, 2020
PHILIPPINE STOCK EXCHANGE
6th Floor, PSE Tower
28th St. corner 5th Ave. BGC, Taguig City
Attention: Ms. Janet A. Encarnacion
Head, Disclosure Department
PHILIPPINE DEALING & EXCHANGE CORP.
29th Floor, BDO Equitable Tower
8751 Paseo de Roxas, Makati City
Attention: Atty. Marie Rose M. Magallen-Lirio
Head, Issuer Compliance and Disclosure Department
Re: BDO Unibank, Inc. - Redemption of Series 2014-1
Unsecured Subordinated Notes
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Ladies and Gentlemen:
Please be informed that BDO Unibank, Inc. (BDO) shall be notifying the holders of the Series 2014-1 Unsecured Subordinated Notes Eligible as Tier 2 Capital due 2025 (the Tier 2 Notes) issued last 10 December 2014 of the exercise of its right to redeem on 10 March 2020 (the Optional Redemption Date). The redemption of all the Tier 2 Notes is pursuant to the Terms and Conditions of said Notes.
On the Optional Redemption Date, all of the Tier 2 Notes shall be redeemed for cash at a redemption price equal to the face value of the Tier 2 Notes plus accrued interest covering the accrued and unpaid interest as of but excluding 10 March 2020.
Thank you.
Very truly yours,
ELMER B. SERRANO
Corporate Information Officer
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BDO Unibank Inc. published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 10:03:04 UTC