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SMC lists P30-billion fixed-rate bonds

SAN Miguel Corp. (SMC) listed its P30-billion Series I fixed-rate bonds, which serves as the first tranche of its P50-billion shelf registration, to the Philippine Dealing & Exchange Corp. (PDEX).

In the virtual listing ceremony on Thursday, PDEX President and Chief Executive Officer Antonino Nakpil noted that the six-year issuance is the largest bond issued and listed by a non-financial institution by far.