SY-LED conglomerate SM Investments Corp. (SMIC) has set a coupon rate of 5.1590 percent for its seven-year bond offer of up to P20 billion.
In a disclosure to the Philippine Stock Exchange, the company said its seven-year Series G bonds will have a fixed yield of 5.1590 percent per year with a base offer amounting to P15 billion and an oversubscription option of P5 billion.
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