MANILA/HONG KONG (March 4): Philippine food maker Monde Nissin Corp filed for an initial public offering to raise as much as 63 billion pesos (US$1.3 billion) in what could be the nation’s biggest ever first-time share sale. The producer of the country’s best-selling instant noodle brand Lucky Me! plans to sell 3.6 billion shares at as much as 17.5 pesos each, according to a filing with the Philippine Securities and Exchange Commission on Thursday. The company could issue as many as 540 million additional shares in an overallotment option, the filing showed.
Noodle-maker Monde Nissin files to raise $1 3b in largest-ever Philippine IPO
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Monde Nissin files for record-breaking Philippine IPO
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AboitizPower begins public offer of P8-B retail bonds
March 3, 2021 | 12:04 am
ABOITIZ Power Corp. has started selling its five-year fixed rate bonds worth P8 billion to retail investors after its receipt of the corporate regulator’s permit to offer the securities for sale.
“The certificate of permit to offer securities for sale was issued in relation to P8 billion in aggregate principal amount, including the oversubscription option, of five-year fixed rate bonds due 2026 with an interest rate of 3.8224% per annum to be offered to retail investors,” the company said in a disclosure on Tuesday.
AboitizPower said that it had received the certificate to sell its first tranche bonds from the Securities and Exchange Commission (SEC) on Monday.