PROPERTY developer SM Prime Holdings, Inc. is looking to raise P20 billion from the issuance of fixed-rate bonds with maturities of five years and seven years.
In a disclosure to the Philippine Stock Exchange on Monday, SM Prime said it had filed an application with the Securities and Exchange Commission for a permit to sell fixed-rate retail bonds in such an amount, as part of its P60-billion shelf registration of fixed-rate bonds approved by the SEC on July 12, 2016.
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