Thursday 19 July
Powered by Ajaxy
Nov 23, 2017 @ 13:47

Del Monte Pacific to issue $160M preferred shares

 

Campos-led food and beverage conglomerate Del Monte Pacific Ltd. (DMPL) has obtained the Securities and Exchange Commission’s nod to issue $160 million worth of preferred shares.

The shares form part of the second tranche of DMPL’s dollar-denominated offering.

DMPL is offering 16 million series A preferred shares at $10 each to finance the balance of its $154-million bridge loan facility from BDO.

The offering has been set on Nov. 27 through Dec. 8 while the listing of the shares has been scheduled on Dec.15.

Tags: , , , , , ,

Related Stories
The Securities and Exchange Commission has warned the public against dealing with Freedom Traders Club,
The Securities and Exchange Commission’s electronic registration program failed to live up to its objectives
Switzerland’s Credit Suisse AG’s representative office in Manila has started operations.
Oriental Peninsula Resources Group, Inc. (ORE) is acquiring almost a third of a renewable energy


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.