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In expansion mode: SM gets $500-M funding boost

By Inquirer - 2 months ago
Sy family-led SM Investments Corp. (SMIC) has raised $500 million from the offshore debt market, marking its largest bond issuance abroad in a decade as the country’s largest conglomerate gears up for aggressive expansion. In a statement on Thursday, SMIC said the issuance—part of its European medium-term notes (EMTN) program—was 3.2 times oversubscribed, with final

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