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                    [ArticleID] => 261835
                    [Title] => SMC issues P4-B notes to finance capital requirements
                    [Summary] => Food and beverage giant San Miguel Corp. (SMC) will issue P4-billion worth of five-year fixed-rate corporate notes to finance its working capital requirements, the company told the Philippine Stock Exchange.


SMC has entered into facility agreements with Hong Kong and Shanghai Banking Corp. Ltd. (HSBC) and a syndicate of banks for the notes issuance.


An SMC official said the money to be raised from the offering will be used for various capital requirements, including funding an aggressive regional expansion program to complement its dominant foothold in the local market.

                    [DatePublished] => 2004-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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KYNETON MINERAL WATER AND SUMMIT WATER

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                    [ArticleID] => 261835
                    [Title] => SMC issues P4-B notes to finance capital requirements
                    [Summary] => Food and beverage giant San Miguel Corp. (SMC) will issue P4-billion worth of five-year fixed-rate corporate notes to finance its working capital requirements, the company told the Philippine Stock Exchange.


SMC has entered into facility agreements with Hong Kong and Shanghai Banking Corp. Ltd. (HSBC) and a syndicate of banks for the notes issuance.


An SMC official said the money to be raised from the offering will be used for various capital requirements, including funding an aggressive regional expansion program to complement its dominant foothold in the local market.

                    [DatePublished] => 2004-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

SMC issues P4-B notes to finance capital requirements

By Zinnia B. Dela Peña | August 19, 2004 - 12:00am

Food and beverage giant San Miguel Corp. (SMC) will issue P4-billion worth of five-year fixed-rate corporate notes to finance its working capital requirements, the company told the Philippine Stock Exchange. SMC...

Business