3 days SMC to redeem P6.8B in preferred shares Inquirer |Biz
Conglomerate San Miguel Corp. (SMC) is set to redeem P6.78 billion worth of preferred shares issued seven years ago as part of a landmark capital market deal. The move will pare down a costly component of its capital base. This is part of the P80 billion worth of perpetual preferred shares issued in 2012, the […] The post SMC to redeem P6.8B in preferred shares appeared first on Inquirer Business. ... more