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Published on 8/5/2016 in the Prospect News Emerging Markets Daily.

Philippines’ SM Prime eyes PHP 10 billion-PHP 15 billion bonds in 2017

By Marisa Wong

Morgantown, W.Va., Aug. 5 – SM Prime Holdings Inc. said it expects to issue an additional PHP 10 billion to PHP 15 billion of bonds in the first half of 2017.

These bonds will be part of the company’s PHP 60 billion three-year bond issuance plan announced in May. Last month, the company sold PHP 10 billion of 10-year bonds.

The shopping mall and retail operator is based in Pasay City, Philippines.


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