tower PDS Group
Home | Careers | Contact Us
search

THE COMPLETE CAPITAL MARKET INFRASTRUCTURE

Menusample

Skip to content
  • About PDS Group
    • Company Overview
      • About PDS Group
      • Philippine Dealing & Exchange Corp.
      • Philippine Depository & Trust Corp.
      • Philippine Securities Settlement Corp.
      • PDS Academy for Market Development Corp.
    • Vision
    • Mission
    • Market Symbols
      • The Tower
      • The Ceremonial Bell
    • Organization
      • Governance Philosophy and Architecture
      • Corporate Governance
      • Market Governance
    • Leadership
      • Board of Directors
      • Board of Governors
      • Board of Trustees
      • Internal Officers
    • Shareholder Structure
    • Milestones
  • Products & Services
    • Trading
      • PDS Fixed Income
      • PDS Repo
      • PDS SecLend
    • Listing and Enrollment
      • Securities Admission Program
      • Listing Qualifications
      • Continuing Obligations
      • Issuer List
      • Issuer Disclosures
      • Listed Securities
    • Data
    • Securities Services
      • Depository
      • Registry
      • Sub-Registry
      • Value Management
    • Clearing & Settlement
    • Payment and Transfer
  • Market Data
    • Government Securities
      • Active Securities
        PHP-Denominated
      • Fixed Income Board Summary (PhP Denominated)
      • Time and Sales
        PHP-Denominated
      • Fixed Income Board Summary (Foreign Currency Denominated)
      • Time and Sales
        Foreign Currency-Denominated
      • PDST Rates – Benchmark Tenors
      • PDST-F
      • PDST Rates – Government Securities
      • PHP BVAL Reference Rates – Benchmark Tenors
      • PHP BVAL Rates Government Securities
      • BAP-MART GS Repo Trade Summary
      • BAP-MART GS Repo Time and Sales
    • Corporate Securities
      • Time and Sales
        PHP-Denominated
      • Corporate Securities Board Summary
        PHP-Denominated
    • BSP Securities
      • Time and Sales PHP-Denominated
      • BSP Securities Board Summary PHP-Denominated
      • BSP BVAL – BSP Securities
    • Foreign Exchange Summary
    • Depository
      • Depository – Safekeeping
      • Depository – Name on Central Depository
    • Registry
      • Registry – Recordkeeping
    • Payment and Transfer
      • Payment and Transfer – Currency Transfer Services
      • Payment and Transfer – Payment versus Payment
    • Downloadable Data
      • Fixed Income Reports
      • Repo Reports
      • BAP-MART GS Repo
      • SecLend Reports
      • BSP Securities
        • BSP Securities Board Summary
        • BSP BVAL – BSP Securities
      • Foreign Exchange Reports
      • PDST Guidelines
  • Regulation
    • Market Governance Structure
    • Rules
      • PDEx Rules
      • PDTC Rules
    • Trading Conventions
      • Approved Trading Conventions
      • Trading Conventions for Comments
      • Trading Conventions Submitted for SEC Action
    • Pricing Convention
      • Approved Pricing Conventions
    • Policy Guidance
    • PDEx Guidelines
      • Approved Guidelines
      • Guidelines for Comments
      • Guidelines Submitted for SEC Action
      • Frequently Asked Questions
    • PDTC Guidelines
      • Fixed Income
      • Equities
    • Continuing Education
    • Guidelines in Filing a Complaint
  • Market Community
    • Fixed Income Dealer Members
      • Benefits
      • Apply
    • Fixed Income Broker Members
    • REPO Market Program Members
    • Securities Lending Program Members
      • Benefits
      • Apply
    • Cash Settlement Banks
    • Registry Clients
      • Benefits
      • Apply
    • Depository Participants
    • RTS Participants
  • PDS Academy
  • Press Room
    • News Releases
    • Announcements
    • Publications
      • Annual Report
      • Brochure
      • Fact Sheet
      • FAQ
      • Top Performers
      • Schedule of Settlement Breaks
      • BVAL Methodology
    • Forms
      • Regulatory
      • Registry
      • Depository
      • Membership
  • Regional Links

Quicklinks


  • Trading Hours
  • Issuer List
  • Issuer Disclosures
  • Listed Securities
  • Recent Headlines
  • Announcements
  • Downloadable Data
  • BAP-MART GS REPO

Home » Listing Ceremonies » San Miguel Corporation Debuts in the PDEx Organized Secondary Market

San Miguel Corporation Debuts in the PDEx Organized Secondary Market

Posted on: March 1, 2017

Photo Release_SMC Bonds Due 2022, 2024, 2027

01 March 2017, Makati Philippines – San Miguel Corporation, one of the country’s largest and most diversified conglomerates, joined its subsidiaries in the organized debt market with the maiden listing of PhP 20 Billion Fixed Rate Bonds across the five, seven, and 10-year tranches. It is the initial offer under the company’s PhP 60 billion shelf registration program approved by the Securities and Exchange Commission.

With today’s listing, the San Miguel Group’s total share of listed issues reached PhP 100.11 Billion, representing 15% of the overall outstanding listed corporate bonds in PDEx. Other San Miguel subsidiaries listed in PDEx are San Miguel Brewery, South Luzon Tollway Corporation, SMC Global Power and Petron Corporation.

San Miguel Corporation CFO and Treasurer Ferdinand K. Constantino led the ringing of the ceremonial bell to herald the start of trading of the SMC Bonds in the secondary market. “As San Miguel Corporation continues to pursue its role on helping towards nation building through our different businesses, we are also committed to deliver more in growing further the company and create value for our shareholders. This fund raising will surely assist us towards that goal,” said Mr. Constantino.

PDS Group President and CEO Cesar B. Crisol said: “The PDS Group is honored to have in its roster of issuers, SMC. Investor recognition was again evident in this issue, as we understand that the level of oversubscription and unfulfilled investor demand is such that a return to the capital market will be forthcoming.”

The year-to-date total of new listings in PDEx now stands at PhP 33.375 Billion, bringing the total level of tradable corporate debt instruments to PhP 671.91 billion issued by 41 companies comprised of 116 securities.

Directors and Officers of San Miguel Corporation who attended the event are Senior Vice President-Chief Finance Officer and Treasurer Ferdinand K. Constantino, Senior Vice President-Head of Treasury Sergio G. Edeza, Treasury Manager Doris Ong, and Treasury Vice President Almira C. Dalusung.

Joint Lead Underwriters and Bookrunners also graced the event including BDO Capital & Investment Corporation President Eduardo Francisco, BPI Capital Corporation President Juan Carlos Syquia, China Bank Capital Corporation Manging Director and Investment Banking Group Head Virgilio Chua, ING Bank N.V., Manila Branch Managing Director Johnson Sia, RCBC Capital Corporation President Jose Luis F. Gomez, SB Capital Investment Corporation First Vice President Joy Supan, and Standard Chartered Bank Executive Director and Head of Capital Markets Erwein John Catoto. #

Press Release – SMC Bonds Due 2022, 2024, 2027 FINAL

Print
  • Link Policy
  • Terms of Use
  • Related Links
  • Sitemap
  • Glossary
All Rights Reserved. Copyright (c) 2022 PDS Group
BEST VIEWED ON MICROSOFT EDGE, OR LATEST VERSION OF GOOGLE CHROME AND MOZILLA FIREFOX