As the investment banking subsidiary of the Philippines’ largest bank, BDO Unibank, BDO Capital has plenty of clout in the country. Add to that its longstanding deal-making strengths – across equities, bonds and advisory – and its ties with clients only become stronger.
That was particularly evident in the equity capital markets in the past year.
In the 2023 calendar year, only three IPOs were priced in the Philippines, with BDO working on one of them as a joint issue manager and joint lead underwriter: renewable energy company Alternergy’s P1.61
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