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SMC Global Power to buy back $400-M perpetual securities

Diversified conglomerate San Miguel Corporation reported that its subsidiary SMC Global Power Holdings Corp. is planning to buy back $400 million worth of its US Dollar-denominated senior perpetual capital Securities through a tender offer.
In a disclosure to the Philippine Stock Exchange, SMC sai ....

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SMC to run Ilijan plant by Feb. 2023

The power generation arm of San Miguel Corporation (SMC) is targeting to resume the operation of the 1,200-megawatt Ilijan gas-fired power facility by February next year to help shore up supply in the Luzon grid within the summer months.
According to SMC President and CEO Ramon S. Ang, the power p ....

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