SAMI
👍 San Miguel, despite a complex financial history, recently announced a significant positive action: the buyback of its corporate bonds maturing shortly.
💰 This debt repurchase demonstrates the shareholder’s commitment and financial capacity to meet obligations, aiming to reassure the market and avoid default.
📈 The move is seen as a confidence-boosting measure that could improve the perception of San Miguel’s creditworthiness among investors.
@ClaveBursatilTV:
“Yes, another one that also comes with a somewhat complex history is San Miguel. Just today, they released a relevant event stating they were repurchasing debt that matures in a few weeks. So, well, that perhaps shows a bit of the shareholder’s spirit, saying, ‘Hey, if there’s any noise, I’m repurchasing the ON because I have the money and I’m not going to default on you,’ so to speak. Yes, yes, that generates a bit more peace of mind.”
Watch the exact part of the video where Juani from SBS, interviewed on Clave Bursátil TV, talks about San Miguel here:
Watch the video on YouTube
Read more articles by the world’s top analysts on San Miguel (SAMI) at the following link. SAMI stock.
