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FDC plans up to P8-billion preferred share offer
May 22, 2025
|Business World Philippines
FILINVEST DEVELOPMENT Corp. (FDC) plans to raise up to P8 billion via a peso-denominated perpetual preferred share offering as part of its capital-raising efforts.
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In a disclosure on Wednesday, the Gotianun-led conglomerate said the Securities and Exchange Commission (SEC) issued the certificate of filing of enabling resolution for the offer on May 20.
The offer will consist of a base tranche of up to six million preferred shares, with an oversubscription option of up to two million shares.
Both will be priced at P1,000 per share, based on indicative terms.
هذه القصة من طبعة May 22, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World Philippines
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