Manila's SM Investments prices 5-, 7-yr bonds
MANILA, June 5 (Reuters) - Philippine mall-to-banking group SM Investments Corp (SM.PS) has priced its 5-year domestic bonds at 8.25 percent and its 7-year bonds at 9.1 percent, a source at the lead underwriter said on Friday.
SM Investments is planning to raise up to 10 billion pesos ($211.7 million) from the sale of 5- and 7-year fixed-rate bonds to fund its expansion projects.
BDO Capital Investment Corp is the lead underwriter of the issue.
(Reporting by Manolo Serapio Jr.)
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