C08032-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON STOCK, P1 PAR VALUE | 28,879,231,694 | |
DEBT SECURITIES - RETAIL BOND | 137,831,040,000 |
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Subject of the Disclosure |
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SM Prime to Issue up to Php20 Billion Fixed Rate Retail Bonds with an over subscription option of up to Php5 Billion |
Background/Description of the Disclosure |
(19 December 2024, Pasay City, Philippines) SM Prime Holdings, Inc. (the “Company”) has submitted to the Securities and Exchange Commission (SEC) an application for a permit to sell Fixed Rate Bonds amounting to up to Php20 Billion, with an over subscription option of up to Php5 Billion consisting of 3-year Series Y Bonds, due on 2028, 6-year Series Z Bonds, due on 2031, and 10-year Series AA Bonds, due on 2035. This issuance is the second tranche out of the Company’s Php100 Billion Shelf Registration of Fixed Rate Bonds approved by the SEC under SEC MSRD Order No. 46 series of 2024, dated 6 June 2024. |
Other Relevant Information |
(6 June 2024) SM Prime Holdings, Inc. issued its first tranche of its P100 billion Shelf Registration of Fixed Rate Bonds for a total of Php25 billion in 3-year, 5-year and 7-year fixed rate bonds with interest rates of 6.5754% p.a., 6.7537% p.a. and 6.9650% p.a., respectively. |
Name | Hermie Lyn Bacala |
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Designation | Assistant Manager |