25 February 2025, Makati, Philippines — SM Prime Holdings, Inc. (SMPH) returns to PDEx with the issuance of its PHP 25 billion Series Y Bonds Due 2028, Series Z Bonds Due 2031 and Series AA Bonds Due 2035.

PDEx President and CEO, Mr. Antonino Nakpil was pleased to welcome its “suki” and regular corporate issuer back to the capital market as it issues one of the “real bonds,” which is always a good sign coming from one of the long-termers – “This merges smoothly with the announced plans of SMPH for its PHP 100 Billion expansion in its projects.  So, it is good to see that this conglomerate’s engine is ‘firing on all cylinders.’”

Mr. Nakpil also shared the good economic news for the country and the drive to reach a full A credit rating nationally – “After how many years, we have finally come out of the ‘gray list’ of the Financial Action Task Force or FATF.  The removal of this potential sword of Damocles over each and every one of our global financial transactions can only be interpreted as good news for the country.”

SM Prime Holdings, Inc.’s Chief Finance Officer Mr. John Ong expressed his deep gratitude to the overwhelming trust and confidence that the investing public has displayed through this new issuance – “Today, we mark another milestone with the successful listing of SM Prime’s Fixed Rate Retail Bond Series Y, Z, and AA, due in 2028, 2031, and 2035. We are deeply grateful for the overwhelming trust and confidence of the investing public, whose support has made this possible. Your participation in this offering allows us to continue developing communities that drive economic growth and create meaningful experiences for future generations”

Additionally, Mr. Ong regarded this achievement as SM Prime’s continuous commitment to bring sound financial management and responsible development – “This achievement reflects SM Prime’s financial strength and the steadfast support of our shareholders, customers, business partners, and the broader investment community.”

This fourth admission for 2025 brings the year-to-date total of new listings and enrollment to PHP 53.7 billion and the total level of tradable corporate debt instruments to PHP 1.2 trillion issued by forty-two companies, comprised of 167 securities.