By Neil Jerome Morales
D.M. Wenceslao priced the IPO, the first in 10 months in Manila, at the bottom of the indicative range.
Toyota and GT Capital are co-owners of Toyota Philippines, the country’s top automotive manufacturer and retailer.
Spain becomes the 13th international market for Revolution Precrafted, which is in the middle of a global expansion spree.
The platform, currently operational in Indonesia and the Philippines, has 30,000 job seekers and over 500 companies on board.
The green bond is the first internationally rated triple-A peso-denominated green bond to be issued by a multilateral development institution.
The SEC approval comes at a time when local stocks are under pressure from an exodus of foreign funds and concerns about the nation’s accelerating inflation and peso depreciation against the dollar.
Revolution Precrafted has sealed more than $6.5-billion worth of deals overseas so far this year.
RedDoorz said it expects to grow its footprint to 100 properties across the Philippines.
GSIS has committed to invest $314 million in Philippine Investment Alliance for Infrastructure (Pinai) fund,
SPi acquires Scope from India’s Quatrro Group, whose investors include PE firm Olympus Capital Holdings Asia, VC firm Walden International and asset management firm The DE Shaw Group.