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SM Successfully Raises PHP 15 Billion from Retail Bonds

SM lists retail bonds on fixed income exchange. Shown from left are BDO Capital & Investment Corporation President Eduardo V. Francisco, SM Investments Corporation (SM) Senior Vice President for Finance Franklin C. Gomez, SM Executive Vice President and CFO Jose T. Sio, PDEx Chairman & CEO Cesar B. Crisol, and First Metro Investment Corporation President Roberto Juanchito T. Dispo
 
(20 May 2014. Pasay City, Philippines) SM Investments Corporation successfully raised PHP15 billion from an issuance of retail bonds with maturity of seven and ten years. .  SM listed the bonds on the Philippine Dealing Exchange today, May 19, 2014. 
 
The SM bonds are rated PRS Aaa by PPhilippine Rating Services Corporation, the highest rating assigned the credit rating firm.  
 
“Our bonds were oversubscribed early on during the offer period. This is indicative of a very liquid capital market and the confidence of investors in SM. Allow me to thank our bondholders for their support,” SM Executive Vice President and Chief Finance Officer Jose T. Sio said.
 
The issue manager of the 7-year Series E and the 10-year Series F Bonds is BDO Capital & Investment Corporation, which is also acting as joint lead underwriter together with BPI Capital Corporation, China Banking Corporation, and First Metro Investment Corporation.
 
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For further information, please contact:
 
Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
E-mail: cora.guidote@sminvestments.com
Tel. No. 857-0117
 
Date: 
Tuesday, May 20, 2014
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