$SMPH to issue up to P20B Corporate bonds

• | $SMPH is set to issue up to P20-billion worth of bonds |
  

• | <– Add a bullet point (2) keep these separators –> |

• | It is planning to issue P15B worth of bonds, w/ an oversubscription option of up to P5B |

| Corporate Action |

SM Prime Holdings, Inc. is set to issue up to P20-billion worth of bonds, which were given the highest credit rating by the Philippine Rating Services Corp. (PhilRatings).

This is the initial tranche of SMPH’s three-year shelf registration debt securities program of up to P100 billion.

Read more from Business World