SMIC recognized for landmark bond offer

March 7, 2025 | 12:00am

MANILA, Philippines — SM Investments Corp. (SMIC) said that its strategic growth and credit track record has been affirmed through the recognition of its landmark bond offer last year.

SMIC was honored with the Best Bond for Corporate in the Philippines in the Best Significant Deal category at The Asset Triple A Sustainable Finance Awards 2025.

The recognition follows the company’s successful $500 million bond offering in 2024, which marked the largest-ever five-year issuance by a Philippine corporate and achieved the tightest-ever five-year issue spread by an unrated corporate in Southeast Asia.

The Asset said that the deal underscores SMIC’s strong credit profile and the continued trust it enjoys from international investors.

The Asset Triple A Awards recognizes the region’s top deals, innovative companies and transformative leaders.

“This recognition affirms the strength of our financial position and our unwavering commitment to growth,” SMIC executive vice president for treasury, finance and planning Erwin Pato said.

“The successful execution of this landmark bond offering and the positive reception from investors reflect SM Investments’ resilience and leadership in the market. As we continue to diversify and expand across various sectors, this achievement further strengthens our strategy to drive long-term, sustainable growth for the company and its stakeholders,” he said.

SMIC saidthe recognition further underscores its continued success and the growing confidence of global investors in the country’s corporate sector.

As the parent company of the Sy family’s SM Group, SMIC continues to strengthen its market leadership with sustained growth across key sectors, including retail, banking and integrated property development.

With its proven track record in these sectors, the group helps drive the Philippine economy forward by creating value for shareholders, customers and communities alike.