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SMC extends bondholder consent period for NAIA financing plan
Business World Philippines
|October 09, 2025
SAN MIGUEL CORP. (SMC) has extended until Oct. 22 the deadline for bondholders to give their consent to proposed amendments to several bond terms, which would allow the conglomerate to use its shares in New NAIA Infra Corp. as collateral for project financing.
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In a disclosure to the Philippine Stock Exchange on Wednesday, SMC said the expiration date for its consent solicitation covering multiple fixed-rate bonds has been moved from Oct. 8 to Oct. 22 at noon, giving record bondholders additional time to review the consent solicitation statement and compile the necessary documents.
“Record bondholders who have previously delivered consents do not need to redeliversuch consents nor take any other action in response to this announcement,” the company said.
Dit verhaal komt uit de October 09, 2025-editie van Business World Philippines.
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