CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jun 21, 2021
2. SEC Identification Number
PW-277
3. BIR Tax Identification No.
000-060-741-000
4. Exact name of issuer as specified in its charter
SAN MIGUEL CORPORATION
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 40 San Miguel Avenue, Mandaluyong City, Metro Manila, PhilippinesPostal Code1550
8. Issuer's telephone number, including area code
(632) 8 632-3000
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
SMC
2,383,896,588
SMC2C
255,559,400
SMC2E
134,000,100
SMC2F
223,333,500
SMC2H
164,000,000
SMC2I
169,333,400
SMC2J
266,666,667
SMC2K
183,904,900
11. Indicate the item numbers reported herein
Item 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
San Miguel CorporationSMC
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
SEC-MSRD Order of Registration No. 32, dated 21 June 2021 and SEC Permit to Sell dated 21 June 2021, for the Shelf Registration of Php50 Billion worth of Fixed Rate Bonds and Offering of P30 Billion worth of Fixed Rate Bonds.
Background/Description of the Disclosure
The Company is submitting to the Exchange a copy of: (i) SEC-MSRD Order No. 32, Series of 2021 dated 21 June 2021 rendering effective the Registration Statement of the Company for the Shelf Registration of Php50 Billion worth of Fixed-Rate Bonds; and (ii) the Permit to Sell dated 21 June 2021 issued by the Securities and Exchange Commission for the offering of up to P30 Billion worth of Fixed Rate Bonds, (the “Offer Bonds”), comprising the first tranche of the Shelf Registered fixed-rate bonds.
The Offer Bonds will be issued on July 8, 2021(the “Issue Date”) and will be comprised of 6-year Series I Bonds due 2027 (the “Series I Bonds”). The Series I Bonds will have a term of six (6) years from Issue Date with a fixed initial interest rate equivalent to 3.3832% per annum with a put option or repricing on the third year and optional redemption on the fourth year or the fifth year. The Offer Bonds have been rated PRS Aaa by the Philippine Rating Services Corporation.
The offer period shall commence at 9:00 a.m., Manila time, on June 22, 2021 and ending at 5:00 p.m., Manila time, on June 28, 2021, or such other date as may be mutually agreed between the Company and the Joint Lead Underwriters and Bookrunners.
The Bonds will be listed in the Philippine Dealing & Exchange Corp. on the Issue Date, July 8, 2021.
Other Relevant Information
The Final Prospectus and the Final Offer Supplement can be viewed at:
https://www.sanmiguel.com.ph/storage/files/reports/Prospectus%20-%20Php50%20billion%20Fixed%20Rate%20Bonds%20under%20Shelf%20Registration.pdf and