February 14, 2017
SEC MSRD ORDER NO. 003-17
IN THE MATTER OF SAN MIGUEL CORPORATION
REGISTRATION OF DEBT SECURITIES (UNDER SHELF REGISTRATION)
ORDER
Upon consideration of the Registration Statement and other papers and documents attached thereto which were filed on behalf of San Miguel Corporation, the Commission resolved in its meeting on 09 February 2017 to render effective the same for the registration of Sixty Billion Pesos (P60,000,000,000.00) worth of Fixed Rate Bonds in accordance with Sections 8 and 12 of the Securities Regulation Code and its Implementing Rules and Regulations. aScITE
For the first tranche, the company applied to offer Fifteen Billion Pesos (P15,000,000,000.00) with an Oversubscription Option of up to Five Billion Pesos (P5,000,000,000.00) worth of Fixed Rate Bonds consists of:
Series "A" Bonds: | 4.8243% per annum due 2022 |
Series "B" Bonds: | 5.2840% per annum due 2024 |
Series "C" Bonds: | 5.7613% per annum due 2027 |
In this regard and after determining that the company has complied with the required submissions as directed in the Pre-effective Letter issued on 10 February 2017, the subject Registration Statement is now rendered effective.
Let a Certificate of Permit to Offer...