Alternergy to raise P1.6B in year’s first IPO

Alternergy Holdings Corp., which is in course to hold the first initial public offering (IPO) in 2023, reduced the total offer size to P1.6 billion after pricing the shares at a 13.5-percent discount. A regulatory filing on Wednesday said Alternergy’s IPO shares would be sold for P1.28 each, lower than then maximum indicative price of … Continue reading Alternergy to raise P1.6B in year’s first IPO