SM Prime Holdings

SM Prime Holdings, Inc. has filed with the Securities and Exchange Commission (SEC) an application for a permit to sell for the third tranche issuance of fixed-rate bonds in the amount of Php5 billion with an over subscription option of up to Php5 billion with maturity of 7 years.

The issuance is part of the Company P100 billion Shelf Registration of Fixed Rate Bonds approved by the Commission on 12 February 2020 under SEC MSRD Order No. 6 series of 2020 dated 28 February 2020.

By Michael Chen

Based in Hong Kong, Michael Chen is expert in financial reporting, having worked for a business wire agency for at least five years. He currently works full time as Business News Asia’s Hong Kong / China correspondent.