SM Prime Holdings, Inc.
Philippine Rating Services Corporation (PhilRatings) assigned an issue credit rating of PRS Aaa to SM Prime Holdings, Inc.’s (SMPH; the Company) proposed bond issue of ₱12.0 billion, with an oversubscription option of up to ₱5.0 billion. The proposed issue represents the third tranche of the Company’s Shelf Registration Debt Securities Program of up to ₱100.0 billion. The proceeds of the issuance will be used for the Company’s debt refinancing. PhilRatings also maintained its issue rating of PRS Aaa for SMPH’s outstanding bonds amounting to ₱141.5 billion. A Stable Outlook has been assigned for the proposed and outstanding bonds.
SM Prime Holdings, Inc.’s Proposed Bond Issue of Up to ₱17.0 Billion Gets Highest Rating
Philippine Rating Services Corporation (PhilRatings) assigned an issue credit rating of PRS Aaa to SM Prime Holdings, Inc.’s (SMPH; the Company) proposed bond issue of ₱12.0 billion, with an oversubscription option of up to ₱5.0 billion. The proposed issue represents the third tranche of the Company’s Shelf Registration Debt Securities Program of up to ₱100.0 billion. The proceeds of the issuance will be used for the Company’s debt refinancing. PhilRatings also maintained its issue rating of PRS Aaa for SMPH’s outstanding bonds amounting to ₱141.5 billion. A Stable Outlook has been assigned for the proposed and outstanding bonds.
SM Prime Holdings, Inc.
SM Prime Holdings, Inc.’s Proposed Bonds of up to ₱25.0 billion Rated PRS Aaa
SM Prime Gets Highest Credit Rating for Proposed Bond Issue of up to P25.0 Billion
Philippine Rating Services Corporation (PhilRatings) assigned an issue credit rating of PRS Aaa to SM Prime Holdings, Inc.’s (SMPH) proposed bond issue of P20.0 billion, with an oversubscription option of up to P5.0 billion. The proposed issue represents the initial tranche of the Company’s Shelf Registration Debt Securities Program of up to P100.0 billion. PhilRatings also maintained an issue rating of PRS Aaa for SM Prime’s outstanding bonds amounting to P135.43 billion. A Stable Outlook has also been assigned for the ratings of the proposed and outstanding bonds.