SM Prime lists P25B in retail bonds on PDEx

By Earl John Alfaro

Jun 26, 2024 12:40 am

SY-LED property developer SM Prime Holdings Inc. on Monday listed P25 billion in fixed rate retail bonds at the Philippine Dealing and Exchange Corp. (PDEx), the first tranche of a P100-billion shelf registration approved by the Securities and Exchange Commission in May.

The issue consisted of three-year Series V bonds due in 2027, five-year Series W bonds due in 2029 and seven-year Series X bonds due in 2031.

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