atr kimeng

The Philippine conglomerate sells $600 million of attractively priced exchangeable bonds together with $280 million of equity.

The Philippine conglomerate halts trading in its shares for the duration of the marketing and sets a preliminary price for the equity portion that suggests a maximum 8.5% discount.

Parent company San Miguel Corporation decides to spin off only 5% of its domestic beer subsidiary, while price sensitivity makes it "highly likely" that the price will be fixed at the bottom of the range.

The Philippine brewer is aiming for an IPO of at least $150 million, but 90% of the proceeds will go to the parent.

The local drinks bottler draws enough demand but prices at the bottom of the range to raise $111 million in the country's first listing this year.

Pepsi-Cola looks set to be the first company to list in the Philippines this year after launching its $136 million offer yesterday.

Residential developer Vista is set to raise at least $445 million from its equity offering, while TV broadcaster GMA Networks will take home $170 million.

In a deal that could raise up to $380 million, the Philippine government launches its first privatisation in 12 years.

Philippines'' power producer raises less than expected.