SM Investments, SM Prime Update their US$3.0 Billion Multi-Issuer EMTN Programme

​SMIC SG Holdings Pte. Ltd., a wholly-owned subsidiary of SM Investments Corporation (SMIC), and SMPHI SG Holdings Pte. Ltd., a wholly-owned subsidiary of SM Prime Holdings, Inc. (SMPH), jointly updated their US$3.0 Billion Multi- Issuer European Medium Term Note (EMTN) Programme.

This EMTN Programme will allow SMIC and SMPH to tap the offshore bond market to fund their continued growth and expansion.

SM Prime Holdings, Inc.​ (SMPH) is one of the largest integrated property developers in Southeast Asia that offers innovative and sustainable lifestyle cities with the development of malls, residences, offices, hotels and convention centers. It is also the largest, in terms of asset, in the Philippines.
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SM Prime Holdings, Inc. was incorporated in the Philippines in 1994. They started as a mall developer and operator and grew to be the biggest retail shopping center developer and operator in the Philippines.

SM Investments Corporation is one of the leading Philippine companies that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.

SM’s retail operations are the country’s largest and most diversified, consisting of grocery stores, department stores and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers as well as tourism[1]related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, the fourth largest private domestic bank.