P10-B Retail Bond SM Prime Price – Manila Bulletin


SM Prime Holdings Inc., one of Southeast Asia’s leading integrated real estate developers, has fixed the interest rate on its 7-year Series O retail bond of 10 billion pesos at 5.0994% .

In a disclosure to the Philippine Stock Exchange, SM Prime said it issued a total principal amount of 5.0 billion pesos of Series O bonds, due 2028, with an oversubscription option of 5.0 billion pesos. additional.


The retail bond will be offered by SM Prime from November 2 to 8, after receipt of the license to sell from the Securities and Exchange Commission. The retail bond is expected to be issued on November 15, 2021.

“The proceeds from this latest retail bond will be used to seek expansion opportunities in our business segments, which will help support the growth of the company,” said SM Prime CFO John Nai Peng C . Ong.

The proposed issue is the third tranche of debt securities to be issued under SM Prime’s 100 billion peso debt securities program registered with the Securities and Exchange Commission under temporary registration.

Like its previous bond issues, the SM Prime Series O bond was rated PRS Aaa by Philippine Rating Services Corporation (PhilRatings). A PRS Aaa rating is the highest rating awarded by PhilRatings.

This rating is assigned to long-term debt securities presenting the lowest level of investment risk. It also indicates SM Prime’s strong ability to meet its financial commitment.

The co-issuers of the SM Prime bonds are BDO Capital & Investment Corporation and China Bank Capital Corporation, who also act as co-managers with BPI Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, SB Capital Investment Corporation and RCBC Capital investment company.

SM Prime said he remains committed to its role as a catalyst for economic growth, providing cities with innovative and sustainable lifestyles, thereby enriching the quality of life for millions of people.




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