Metro Pacific Is Said to Mull Raising $500 Million for Toll Unit [Yahoo! Finance]
FIRST PAC CO LTD S/ADR (FPAFY)
NASDAQ:AMEX Investor Relations:
firstpacific.com
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds Turkey Plans Istanbul Taxi Surge to Tackle Complaints Intergenerational Housing Could Help Older Adults Combat Loneliness As Rural Hospitals Shutter Maternity Wards, Urban Ones Follow A Guide to Urban Swimming in Europe, Beyond the Seine The company, backed by Hong Kong-based First Pacific Co. Ltd., is working with a financial adviser on a potential funding round that could value Metro Pacific Tollways Corp. at as much as $5 billion, said the people, asking not to be named as the process is private. The Manila-based group has started sounding out preliminary interest from prospective investors including infrastructure funds, the people said. Deliberations are ongoing and Metro Pacific could still decide not to proceed with the offering, the people said. In response to a query from Bloomberg News, a representative for Metro Pacific confirmed the fundraising plans for its
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News
- Billionaire Salim's PLDT In Talks To Sell Part Of $1 Billion Data Center Portfolio To CVC [Forbes]Forbes
- Quercus Fund 2024 Third Letter To Shareholders [Seeking Alpha]Seeking Alpha
- Billionaire Salim-Backed Metro Pacific, GIC Complete $1 Billion Indonesian Toll Road Deal [Forbes]Forbes
- Metro Pacific Is Said to Mull Raising $500 Million for Toll Unit [Yahoo! Finance Canada]Yahoo! Finance Canada
- First Pacific GAAP EPS of $0.065, revenue of $5B [Seeking Alpha]Seeking Alpha