Sunday 25 August
SMC power unit to issue $200M more perpetual notes Jun 27, 2019 @ 22:37

SMC power unit to issue $200M more perpetual notes


The power generation arm of conglomerate San Miguel Corp. is issuing an additional $200 million worth of senior perpetual capital securities to fund general corporate purposes, investments in power-related assets and to pay down debt.

San Miguel eyes new brewery in Vietnam

The notes will be listed on the Singapore Stock Exchange.

RSA waffles on San Miguel’s bid for Vietnamese brewer Sabeco: No control, too expensive

Reports said SMC Global Power Holdings Corp. had tapped Credit Suisse (Hong Kong) Ltd., Merrill Lynch (Singapore) Pte. Ltd. and UBS AG Singapore Branch as joint lead managers for the issue.

San Miguel to pump in $1B in new breweries, eyes first US plant

SMC Global Power is one of the leading power companies in the country with a total capacity of 4,197 megawatts as of the end of September 2018. Its diversified mix of fuel supply comprises natural gas, coal and hydropower resources.

SMC eyes top Vietnamese brewer

The group’s combined capacity accounts for 19% of the national grid’s power supply and 25% of the Luzon grid.

Please follow and like us:

Tags: , , , , ,

Related Stories
Diversified conglomerate San Miguel Corp. (SMC) said revenues hit the P1 trillion mark last year,
Governor Alfredo Marañon Jr. has issued an executive order (EO) declaring the entire province of
San Miguel Corp. (SMC) grew its recurring net income by 29 percent to P35.5 billion
SMC Global Power Holdings Corp. is tapping the debt market anew with the offering of


Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.