SMC Global Power Holdings Corp., the power producer unit of Conglomerate San Miguel Corp., is eyeing to tap the debt market by offering P15 billion worth of retail bonds, the proceeds of which will primarily be used for the settlement of its maturing obligations.
The company, in its registration statement before the Securities and Exchange Commission, is seeking approval of its proposed P15-billion bond offering, which will be listed in the Philippine Dealing & Exchange Inc.
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