SM Prime Holdings Inc. Returns to the Capital Market for the Listing of PHP 17 billion Fixed Rate Bonds
Posted:
17 November 2025, Makati, Philippines – SM Prime Holdings, Inc. (SMPH) returns to the capital market for the second time this year for the listing of multi-tenor Series AB, AC and AD bonds.
Philippine Dealing and Exchange Corp. (PDEx) President, Stephanie Marie Zulueta in her welcome remarks, recognized SMPH as it consistently transforms the modern Philippine Retail – “We recognize the commitment of SM Prime to always go beyond the walls of modern Philippine Retail, further expanding its retail and mall projects across the nation. Worth noting, the firm has shown sustained growth with a strong net income increase of 10% from last year. SM Prime’s excellent governance and robust adherence to globally recognized best practices are evidenced by yet another Five Golden Arrow Award which the firm has secured for the 3rd consecutive year.”
Zulueta further highlighted this year’s significant milestones for PDEx – “The primary market continues to show momentum where listings and enrollments already reached PHP 408.87 billion YTD, surpassing last year’s annual level of PHP316.3 billion. We also recorded ten (10) straight months of more than PHP 1 trillion in monthly volume bringing our secondary market to PHP 13.04 trillion. This already exceeded our previous record for annual trading volume of PHP 9.89 trillion in 2024.”
SM Prime Holdings Inc. Executive Vice President & Treasurer, Erwin Pato recognized that the success of this issuance is brought by the public’s confidence in the company – “The unwavering trust and confidence of the investing public allows SM Prime to continue developing sustainable communities that foster economic growth. The success of this endeavor signifies SM Prime’s financial strength and the steadfast support from the Company’s shareholders, customers, business partners, and investment community.”
Additionally, Pato thanked all their partners in this successful issuance and affirms its long-term commitment – “Along with the Philippine Rating Services Corporation’s highest credit rating, PRS Aaa, with a Stable Outlook, this latest Fixed Rate Retail Bond underscores SM Prime’s commitment to provide sound financial management and responsible development.”
This twentieth admission for 2025 brings the year-to-date total of new listings and enrollments to PHP 408.77 billion and the total level of tradable corporate debt instruments to PHP 1.3 trillion issued by 41 companies, comprised of 161 securities.