SM Prime to Issue Up to PhP15B Fixed Rate Retail Bonds

SM Prime Holdings Inc. (PSE: SMPH) has filed with the Securities and Exchange Commission (SEC) an application for a permit to sell for the issuance of fixed-rate bonds in the amount of PhP15 billion with an over subscription option of up to PhP5 billion with maturities of 5 years and 7 years.

The issuance is part of the Company P60 Billion Shelf Registration of Fixed Rate Bonds approved by the SEC on 8 July 2016 under the SEC MSRD Order No. 11 series of 2016 dated 12 July 2016.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.