SEC approves SMFB’s P15-B bond issuance

By Lisbet K. Esmael

Feb 20, 2020 1:03 am

THE Securities and Exchange Commission (SEC) has given the planned P15-billion fixed-rate bond issuance of San Miguel Food and Beverage Inc. (SMFB) the green light.

In a statement on Wednesday, the corporate regulator said it allowed the food and beverage unit of San Miguel Corp. to offer fixed-rate bonds in two series: five-year Series A Bonds and a seven-year Series B Bonds.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.