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Philippines' Globe receives overwhelming support for PHP17B rights offer

Philippines, Nov. 9, 2022 /PRNewswire/ -- Philippines' Globe receives overwhelming support for PHP17B rights offer

Australia , Manila , Philippines , Philippine , Benguet , United-states , Canada , Rizza-maniego-eala , Sole-international-underwriter , Domestic-co , Ayala-corporation , Singtel

Globe Telecom: Philippines' Globe receives overwhelming support for PHP17B rights offer

1st rights offer in over two decadesProceeds to partly fund capex and pay short-term debt obligationsMANILA, Philippines, Nov. 9, 2022 /PRNewswire/ -- Leading Philippine digital solutions platform

Australia , Manila , Philippines , Philippine , Benguet , United-states , Canada , Rizza-maniego-eala , Sole-international-underwriter , Domestic-co , Ayala-corporation , Singtel

Globe sets SRO price at P1,680

Globe Telecom Inc. has set the price of its P17 billion stock rights offering at P1,680 per share while setting the entitlement ratio at one rights share for every 13.2366 shares held.
In a disclosure to the Philippine Stock Exchange, the firm said its offering price is equivalent to a 22.6 percen

Philippine , Benguet , Philippines , Singapore-telecom-international-pte , Globe-telecom-inc , Ayala-corporation , Philippine-stock-exchange , Globe-telecom , Singapore-telecom-international , Entitlement-shares , First-round

Globe sets SRO price; Ayala chief exec quits

Globe Telecom Inc. on Monday set its stock rights offering (SRO) price at P1,680 per share, which is equivalent to more than a 20-percent discount to its closing price and volume-weighted average trading. The company also announced in a separate disclosure that Fernando Zobel de Ayala, the co-vice chairman of…

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Globe Telecom cuts SRO to P17 B from P32 B

Globe Telecom Inc. has reduced the size of its planned stock rights offering (SRO) to P17 billion from the earlier proposed P32 billion.
In a disclosure, the firm its SRO was approved by the Philippine Stock Exchange last Sept. 1 and shareholders as of the record date of Sept. 21 (ex-date Sept. 16

Philippine , Benguet , Philippines , Singapore-telecom-international-pte , Globe-telecom-inc , Ayala-corporation , Globe-telecom , Philippine-stock-exchange , Entitlement-right , Singapore-telecom-international , Entitlement-shares

Globe board approves stock rights offer to expand network

BY GILBERT P. BAYORAN The Board of Directors of Globe yesterday approved a Stock Rights Offer for Globe’s eligible common shareholders. In a statement,

Philippines , Philippine , Benguet , Filipinos , Filipino , Rizza-maniego-eala , Singapore-telecom-international-pte , Singtel , Ayala-corporation , Philippine-stock-exchange , Stock-rights-offer

Globe aims to raise ₱32 billion for network investments

Globe's board of directors today approved a Stock Rights Offer for its eligible common shareholders as the Philippine telco aims to raise ₱32 billion.

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Globe stock rights offer seen credit positive

Globe Telecom Inc.’s planned stock rights offer of up to P32 billion is seen as credit positive by a unit of Fitch Group.

Manila , Philippines , Singtel , Singapore-telecom-international-pte , Ayala-corp , Globe-telecom-inc , Fitch-group , Globe-telecom , Singapore-telecom-international , Globe ,

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

Philippines , Philippine , Benguet , Filipinos , Filipino , Rizza-maniego-eala , Singapore-telecom-international-pte , Singtel , Globe-telecom-inc , Ayala-corporation , Philippine-stock-exchange

Globe OKs P32 billion stock rights offer

Globe Telecom Inc. plans to raise up to P32 billion from a stock rights offer to fund its network expansion and repay debt.

Manila , Philippines , Philippine , Benguet , Filipinos , Filipino , Rizza-maniego-eala , Investment-corp , Singtel , Singapore-telecom-international-pte , Capital-corp , Ayala-corp