IPOs & Markets
The offering drew 12 cornerstone investors, including IFC and ADB.
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Climate Tech & ESG
The loan will be extended to Citicore Solar Energy Corporation.
It will be the largest since Monde Nissin’s record IPO that raised $1 billion in 2021.
Deals
The proceeds will be used to expand Asialink’s lending to MSMEs across the Philippines.
Venture Capital
Integra Partners and Kaya founders backed GoRocky.
It will be the country’s biggest since Monde Nissin’s $1b 2021 debut.
Analysis
The London-based firm is set to deepen its Asia footprint, with India playing a key role.
The cornerstone investors include abrdn Malaysia, ADB, IFC and Maybank.
The bonds are unsecured and target institutional and retail investors.
The BSP has so far received only two applications for the 4 licences.