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SM Investments Corporation Increases Retail Bonds Offering To PHP 15 Billion

Sunday, 8 Jul 2012 08:00pm EDT 

SM Investments Corporation announced that the Company has upsized its retail bond issue to PHP 15 billion from the initial size of PHP 10 billion due to demand from both retail and institutional investors. The issue consists of the 6.0000% Series C bonds due 2019 and 6.9442% Series D Bonds due 2022. The bonds were purchased by a wide spectrum of investors ranging from individuals in the retail market, to banks, investment funds, pension funds, insurance companies and other corporates. The offer period for the SM bonds opened on June 27, 2012 and closed on July 6, 2012. The issue date is on July 16, 2012. 

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