SM Prime : Lists Over PHP30 Billion Retail Bonds on PDEX

(23 May, 2023, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, lists its Series S, T, and U fixed rate bond at the Philippine Dealing and Exchange Corp. (PDEx) through a virtual ceremony, today, May 23, 2023. The Company raised over PHP30 billion from its base offer of PHP25 billion and it is the fifth tranche of SM Prime's PHP100-billion worth of Debt Securities, under shelf registration and covered under SEC MSRD Order No. 6 Series of 2020.

"We are very grateful for the trust and support of the investing public, as well as to our bank partners, the Philippine Dealing & Exchange Corp., Philippine Depository & Trust Corp., and PDS Group. The success of this latest fixed rate bonds will give SM Prime further capabilities to pursue its expansion programs of creating more opportunities for more Filipinos to build a better nation," shared Mr. John Nai Peng C. Ong, SM Prime Chief Finance Officer.

SM Prime's Fixed Rate Bonds Series S, T, and U were offered last May 8 to 12, with interest rates of 6.2069 percent, 6.2151 percent, and 6.3275 percent, respectively.

The ceremonial event was led by Philippine Dealing & Exchange Corp. (PDEx) President and CEO Mr. Antonino Nakpil, Philippine Depository & Trust Corp. President & CEO Ms.Ma. Theresa Ravalo, SM Prime President Mr. Jeffrey Lim and SM Prime Chief Finance Officer Mr. John Nai Peng C. Ong, along with the bonds joint issue managers, BDO Capital & Investment Corporation and China Bank Capital Corporation, who also acted as joint lead underwriters along with BPI Capital Corporation, EastWest Banking Corporation, First Metro Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.

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For further information, please contact:

Alexander Pomento

Vice President, Investor Relations

SM Prime Holdings, Inc.

E-mail: [e-mail]

Tel. no.: [phone]

Forward-looking Statement

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