Bonds

SMIC and SM Prime meet investors

 |  IFR Asia 1425 - 28 Mar 2026 - 3 Apr 2026  | 

Philippine conglomerate SM Investments Corporation and its real estate arm SM Prime Holdings met investors during a multi-day roadshow in Singapore and Hong Kong that concluded on Thursday.

The issuers announced earlier in March that they had updated their joint US$3bn programme, under which they have raised US$850m from one deal each to date.

SMIC has interests across retail and property via SM Prime, and financial services including stakes in universal banks BDO and Chinabank.

The group has around Ps100bn (US$1.7bn) of refinancing needs across bonds and loans for 2026 in addition to new requirements, group treasurer Erwin Pato told IFR in a recent interview.