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NGCP owner Synergy Grid to raise P28 billion in public offering

Synergy Grid is aiming to offer 1.053 billion common shares, with an overallotment option of up to 101 million common shares, for up to P25 apiece ....

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Synergy Grid clears P1.09-B follow-on offering

Synergy Grid clears P1.09-B follow-on offering
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Philippines National Grid taps banks for $1.5b IPO

Philippines National Grid taps banks for $1.5b IPO
FILE PHOTO: A trader walks past the electronic board of the Philippine Stock Exchange in Makati city, Metro Manila, Philippines June 27, 2016. REUTERS/Romeo Ranoco
March 16, 2021
National Grid Corp. of the Philippines has picked banks to work on its initial public offering and has increased its targeted size to at least $1.5 billion, according to people with knowledge of the matter, paving the way for the biggest listing in the nation’s history.
The high-voltage electricity network operator, commonly known as NGCP, has selected Bank of America Corp., JPMorgan Chase & Co. and UBS Group AG to work on the first-time share sale, said the people, asking not to be named as the process is private. It may also add other banks to help with the listing, they said. ....

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Philippines National Grid Taps Banks for $1.5 Billion IPO

Philippines National Grid Taps Banks for $1.5 Billion IPO
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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