Philippine IPO cooks on ‘shakey’ investor interest

0
1650
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Latham & Watkins represented Deutsche Bank as the sole global co-ordinator and bookrunner in the IPO of Shakey’s Pizza Asia Ventures on the Philippine Stock Exchange (PSE).

The IPO included a public offering in the Philippines and a Regulation S international offering. The share sale was oversubscribed by three times due to demand from institutional investors. Priced at 11.26 pesos (22 US cents) per share, the top of the indicative price range, the offering of 351.9 million common shares raised 3.96 billion pesos and was the fourth and final company to debut on the PSE in 2016.

Shakey's_pizza_IPOThe Latham & Watkins team was led by Hong Kong partner Benjamin Carale and associate Diana Dizon. “We worked closely with the underwriters and Shakey’s Pizza to bring this IPO to fruition,” said Carale. “We are pleased to have advised on this deal and to have helped another leading Philippine company access the international capital markets.”

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link