ACCRALAW acted as legal counsel to the Joint Lead Underwriters and Bookrunners, BDO Capital & Investment Corporation, China Bank Capital Corporation, BPI Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, and Security Bank Capital Investment Corporation, in connection with SM Prime Holdings, Inc.’s (“SM Prime”) issuance of Seventeen Billion Pesos (PhP17,000,000,000.00) Series AB, AC, and AD Fixed Rate Bonds (the “Bonds”). The Bonds were issued as the third tranche of SM Prime’s One Hundred Billion Pesos (PhP100,000,000,000.00) Debt Securities Program and listed with the Philippine Dealing & Exchange Corp. on 17 November 2025.
The Firm’s lawyers from the Corporate and Special Projects Department, namely Partner Everlene O. Lee, Senior Associate Celerina Rose D. Fajardo-Nacin, and Associates Christine Joy S. Escalante and Sabrina Marie E. de Guia, worked on the project.