Home » Articles » Business

SM Development Corporation issues P4 billion fixed rate corporate notes

Today, the Board of Directors of SM Development Corporation approved the issuance of fixed rate corporate notes in the aggregate principal amount of up to four billion pesos (Php4,000,000,000.00) with an oversubscription option.
In relation thereto, the Board of Directors appointed BDO Capital and Investment Corporation and Standard Chartered Bank as the Joint Lead Managers for the issuance of the said corporate notes. 

The determination of terms and conditions of the corporate notes has been delegated by the Board of Directors to the management. 
- https://www.affordablecebu.com/
 

Please support us in writing articles like this by sharing this post

Share this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.

--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.

"SM Development Corporation issues P4 billion fixed rate corporate notes" was written by Mary under the Business category. It has been read 1784 times and generated 0 comments. The article was created on and updated on 22 March 2012.
Total comments : 0