SMC completes P30-B follow-on offering with PSE listing

WIRE — SAN MIGUEL CORP. (SMC) completed its P30-billion preferred share follow-on offering, the biggest such offering in seven years, with the listing of its Series 2V, 2W, and 2X preferred shares on the Philippine Stock Exchange (PSE) on Monday. The preferred shares are listed under the ticker symbols SMC2V, SMC2W, and SMC2X, carrying dividend rates of

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