Globe raising P32 B via stock rights offer : vimarsana.com

Globe raising P32 B via stock rights offer

Globe Telecom Inc. is raising P32 billion via stock rights offer for the expansion of its mobile and broadband network and to pay its debts.

“This marks the first time Globe will do a rights offer in the capital market in over two decades," according to Chief Finance Officer Rizza Maniego-Eala f

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