SM Prime Holdings Inc. (SMPH.PH), operator of the Philippines’ largest shopping mall chain, said Tuesday that it has completed the issue of PHP4 billion worth of five-year notes, the proceeds of which will be used to fund its capital expenditures.

The Philippines’ largest mall developer, SM Prime Holdings Inc (SMPHI) , said on Tuesday it had raised 4 billion pesos (US$ 87.3 million) by issuing 5-year floating rate notes, with proceeds to fund capital expenditure.

SHOPPING mall developer SM Prime Holdings Inc. (SMPH) has generated P4 billion from the issuance of a five-year floating rate note facility. The transaction was completed on Monday.

SHOPPING mall developer SM Prime Holdings Inc. (SMPH) has generated P4 billion from the issuance of a five-year floating rate note facility. The transaction was completed on Monday.

Shopping mall giant SM Prime Holdings Inc. has successfully raised P4 billion from its issuance of five-year floating rate notes.

Shopping mall giant SM Prime Holdings Inc. has successfully raised P4 billion from its issuance of five-year floating rate notes.

SM Prime Holdings Inc. said Tuesday it has completed the sale of P4 billion worth of five-year floating rate notes.

SM Prime Holdings Inc. said Tuesday it has completed the sale of P4 billion worth of five-year floating rate notes.

Philippine conglomerate SM Investments Corp. expects strong domestic consumer spending to generate 14%-15% net profit growth this year and in the next few years, the group’s senior executives said Thursday. SM, which owns the south-east Asian nation’s largest mall developer and operator, also projects its recurring income to expand at a robust pace of 18% this year.

MALL BUILDER SM PRIME HOLDings Inc. of Henry Sy Sr. is considering the possibility of borrowing P2 billion from banks to partially fund its aggressive mall expansion this year.