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News and Events

SM Prime is PH’s Only Trillion-Peso Firm but Has Many Peers in ASEAN

The Sy-family company is the only property developer in a list dominated by banks

Property developer SM Prime Holdings made headlines earlier this week as the first company listed at the Philippine Stock Exchange to have its market capitalization reach Php1 trillion.SM Prime Holdings is the real estate arm of the SM Group, which is owned ...

by Lorenzo Kyle Subido  | June 07, 2017 05:00:00
News and Events

PH’s Biggest Property Builder Selling 7-Year Bonds That Pay 5.17% p.a.

SM Prime Holdings’ bond offering lasts until May 11 and requires minimum investment of Php20k

SM Prime Holdings Inc., the Philippines’ largest property company by market value, is selling seven-year retail bonds that pay a fixed annual coupon rate of 5.1683 percent.The fresh borrowing aims to raise Php20 billion to fund capital expenditure projects of the company ...

by Lorenzo Kyle Subido  | May 04, 2017 12:00:00