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MODEL PORTFOLIO THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
September 18, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
September 5, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
September 2, 2025 DOWNLOAD
View all Reports
Economy 1 MIN READ

BRIEF-San Miguel Corp Confirms SEC Approved IPO Of Common Shares By Bank Of Commerce

February 17, 2022By Reuters
Related Articles
US yields climb after jobs report keeps Fed hikes intact October 7, 2022 US yields keep climbing as prospects of imminent rate cuts wane January 19, 2024 US yields dip as traders renew bets on Fed rate cuts March 22, 2024

Feb 17 (Reuters) – San Miguel Corp SMC.PS:

  • CONFIRM SEC APPROVED INITIAL PUBLIC OFFERING OF COMMON SHARES BY BANK OF COMMERCE

  • CONFIRMS SEC APPROVED REGISTRATION STATEMENTS OF ISSUANCE BY CO OF UP TO 60 BILLION FIXED-RATE BONDS UNDER SHELF-REGISTRATION

  • IPO FOR OFFERING UP TO 280.6 MILLION COMMON SHARES OF BOC AT UP TO 12.50 PESOS PER SHARE

  • PROCEEDS OF BONDS ISSUANCE WILL BE USED FOR REFINANCING OF SHORT-TERM LOAN FACILITIES OF SMC, AMONG OTHERS

  • PROCEEDS OFFERING TO FUND THE BANK’S LENDING ACTIVITIES WITH UPGRADING ITS AUTOMATED TELLER MACHINE FLEET & CORE BANKING SYSTEM

Source text for Eikon: ID:nPSXbYpBKB

Further company coverage: SMC.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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