Metrobank Board Approves SRO

Metropolitan Bank & Trust Company (Metrobank, PSE: MBT) received Board approval to conduct a Stock Rights Offer (SRO) by way of issuance of up to a maximum of 819,827,214 common shares, which is equivalent to the remaining unissued shares from the bank’s authorized capital stock. Timing and size of the transaction are subject to other […]
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Successful Debut Bond Issue for SMC Global Power Holdings

San Miguel Corp. (PSE: SMC) has announced that SMC Global Power Holdings Corp., its wholly-owned subsidiary, successfully closed its debut bond issue at an optimal size of $300 million. The issue is on a 5-year tenor at 7% pricing, which is at the tight end of the pricing guidance of 7.25%. ANZ, HSBC and Standard […]
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