The Ayala Group’s Globe Telecom secured P10 billion each from BDO Unibank and Metropolitan Bank & Trust Co. to fund network expansion, debt refinancing, and corporate needs.
SMAC, the loyalty program of SM, raised nearly P30 million in just about two months, from December 2023 to January 2024, to help fight involuntary hunger and improve access to quality education across the Philippines.
Conglomerate Ayala Corp. successfully raised P15 billion from the sale of preferred shares, which was “heavily oversubscribed” by fixed-income investors.
Davao-based tycoon Dennis A. Uy’s DITO CME Holdings is aiming to finish its follow-on share sale by the first week of December, company president Donald Lim said.
Ayala Corp. secured a $200-million long-term loan from Metropolitan Bank & Trust Co. to support its strategic investments in technology, health, logistics, and mobility.
Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes raised P3 billion from a preferred share offer, fully selling out the base portion of the deal while the P2-billion overallotment option was not exercised.
Ayala Corp. is lining up several fundraising efforts with an upcoming preferred share sale worth as much as P15 billion and disposal of treasury shares worth about P2.2 billion.