PHStocks

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) is pleased to announce that its wholly-owned subsidiary Carmen Copper Corp. (CCC), which operates the Toledo copper mine in the province of Cebu intends to issue, subject to market conditions, US Dollar denominated fixed-rate notes with a tenor of five (5) years and five (5) days. The net proceeds from the issue of the Notes are intended (i) to refinance certain existing indebtedness of…

Toronto–(PHStocks)–Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) has announced the successful completion of the public offering in Canada of $800 million principal amount of Series 2012-1 Subordinated Unsecured 4.38% Fixed/Floating Debentures due 2022 (the “Series 2012-1 Debentures”). The Series 2012-1 Debentures were sold under a pricing supplement dated February 28, 2012, issued pursuant to the Company’s short form base shelf prospectus and its prospectus supplement, each dated April 12,…

Toronto–(PHStocks)–Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) intends to issue in C$800 million principal amount of Series 2012-1 Subordinated Unsecured 4.38% Fixed/Floating Debentures due 2022 (the “Series 2012-1 Debentures”). The offering is expected to close on March 2, 2012, and the proceeds will be used for general corporate purposes, which may include investments in subsidiaries and repayment of indebtedness. Details of the offering will be set out in a…

Mandaluyong–(PHStocks)–Philippine Rating Services Corp. (PhilRatings) has  assigned a PRS Aaa issue rating for San Miguel Brewery Inc.‘s (PSE: SMB) proposed bond issuance of up to PhP20 billion. The bonds will have a minimum tenor of five years up to a maximum of ten years. The proceeds from the proposed bonds will be used to refinance the company’s current and upcoming maturities. These include Series A of its outstanding P38.8 billion…

Mandaluyong–(PHStocks)–San Miguel Brewery Inc. (PSE: SMB), the brewery unit of San Miguel Corporation (PSE: SMC), has announced full-year audited 2011 consolidated sales net sales revenue of PhP71.9 billion, up 6.3% from the previous year, driven by increases in sales volume, for both domestic and international operations, and higher selling prices. With the company’s thrust on besting previous year’s sales performance, operating income in 2011 reached PhP20.5 billion, up 10% from 2010′s PhP18.6 billion. Net…