MANILA, Philippines - San Miguel Corp. (SMC) has received approval from the Securities and Exchange Commission (SEC) to offer to the public P10 billion worth of five-year bonds. The fixed rate bonds due 2024 - which will comprise SMC's "series H" bonds - were priced to yield 5.55 percent per annum, SMC disclosed to the Philippine Stock Exchange on Friday. Following the receipt of permit to sell from the SEC, the conglomerate will start the retail offering of the bonds on Sept. 23 through Sept. 27. This is the fourth tranche of SMC's P60-billion shelf registration that was approved by the SEC in 2017. The net proceeds of the offer may be...
Keep on reading: SMC offers 5-year bonds at 5.55% p.a.
from INQUIRER.net https://ift.tt/3053p7S
-
Steve Smith and David Warner are set to don the Australian colours this week for the first time since their ball-tampering bans despite stru...
-
Former Indian opener Krishnamachari Srikkanth was elated at the qualification of Delhi Capitals for the playoffs. from Sports News: Cricke...
-
Winter has come. After almost two years of waiting (and over 70 hours of screentime), "Game of Thrones" season 8 episode 3 has rev...
No comments:
Post a Comment