SM Investments Corp. (SM Investments), parent of the SM Group, won the 'Philippine Capital Market Deal of the Year' from International Financing Review Asia (IFR Asia) for its successful $500 million five-year bond issuance in 2024.
SM Investments Corp. , parent of the SM Group, won the 'Philippine Capital Market Deal of the Year' from International Financing Review Asia for its successful $500 million five-year bond issuance in 2024.This recognition highlights SM Investments ' leadership in capital markets and strong investor confidence in its financial strength.IFR Asia cited SM Investments ' return to the US dollar bond market after a decade as a major milestone for the Philippine corporate sector.
The transaction, the largest five-year deal by a Philippine corporation in 2024, reopened the market amid volatility and secured competitive pricing at 35 basis points.'This landmark transaction represents a major milestone for SM Investments and the Philippine capital markets. Strong investor demand reflects confidence in Philippine corporate issuers and underscores SM's reputation as a stable investment,' said Erwin Pato, executive vice president for Treasury, Finance and Planning.
Investments Recognized For Landmark Capital Market Deal
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