SMC to buy back $259M worth of bonds
Conglomerate San Miguel Corp. has agreed to buy back $259.2 million worth of convertible bonds as part of a strategy to pare down its debt stock.
Conglomerate San Miguel Corp. has agreed to buy back $259.2 million worth of convertible bonds as part of a strategy to pare down its debt stock.
San Miguel Corp. (SMC) has launched a tender offer to buy back $600 million worth of convertible bonds as the aggressively expanding conglomerate tries to trim down debt levels.
