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Prospect News home > News index > List of issuers S > Headlines for SMC Global Power Corp. > News item
Published on 4/19/2016 in the Prospect News Emerging Markets Daily.

Philippines’ SMC Global Power plans to offer PHP 15 billion bonds

By Marisa Wong

Morgantown, W.Va., April 19 – SMC Global Power Corp. is planning to issue PHP 15 billion of fixed-rate bonds, according to a Philippine Stock Exchange notice.

Proceeds of the offering will be used to refinance a short-term loan.

The power company is a wholly owned subsidiary of San Miguel Corp. The conglomerate is based in Mandaluyong City, Philippines.


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