SM Investments : Material Information/Transactions

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Dec 16, 20212. SEC Identification Number 163423. BIR Tax Identification No. 000-169-020-0004. Exact name of issuer as specified in its charter SM Investments Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 10th Floor, One E-com Center, Harbour Drive, Mall of Asia Complex, Pasay CityPostal Code13008. Issuer's telephone number, including area code (632) 8857-01059. Former name or former address, if changed since last report --10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	1,204,582,867

11. Indicate the item numbers reported herein Item 9 - Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

SM Investments CorporationSM PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Submission of Application for Proposed Issuance of Fixed-Rate Retail Bonds

Background/Description of the Disclosure

Ladies and Gentlemen: Please be informed that SM Investments Corporation (the "Company") has submitted with the Securities and Exchange Commission (SEC) an application for a permit to sell for the issuance of fixed-rate retail bonds (the "Second Tranche Bonds") in the amount of PHP10 billion with an oversubscription option of up to PHP5 billion, under the Company's PHP30 billion Debt Securities Program (the "Debt Securities Program") registered in 2020 under the shelf registration program of the SEC. The Second Tranche Bonds is assigned a rating of PRS Aaa by the Philippine Ratings Services Corporation (PhilRatings). PRS Aaa is the highest rating assigned by PhilRatings, denoting that such obligations are of the highest quality with minimal credit risk and that the issuing company's capacity to meet its financial commitment on the obligations is extremely strong. Thank you.

Other Relevant Information

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Filed on behalf by:

Name	Elmer Serrano
Designation	Corporate Secretary