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Newsletter by Index-Asia

Some of the latest selected deals of the area:

February 2020 Newsletter – Index Asia Ltd.

Energy – USD51.4m
[Energy][Acquisition] Ayala company acquires 75% interest in offshore Palawan service contract
[Energy][Investment] AC Energy unit gets PHP2.6bn for wind farm acquisition

– USD500.0m
[Telecom][Fundraising] Dito Telecommunity draws initial USD500m from Bank of China for Phase 1 of network development

Real Estate – USD 298.1m
[Real Estate][Acquisition] Phirst Park acquires Nasugbu property
[Real Estate][Investment] Discovery World raises investment to expand Boracay resort business
[Real Estate][Fundraising] Ayala Land raise PHP10b via retail bond issuance
[Real Estate][Regulation] Megawide raises PHP5bn from note issuance; proceeds to retire debt

Finance USD253.0m
[Banking][Fundraising] UnionBank raises PHP6.8b from Tier 2 notes issue
[Banking][Fundraising] EastWest Bank raises PHP3.7bn from bond issue
[Finance][Divestment] PDIC sells PHP277m worth of closed banks’ assets
[Banking][Fundraising] Security Bank raises PHP2bn via LTNCDs

Tech – USD850.0m
[Tech][Fundraising] Grab raises USD850m to bankroll expansion into financial services

Education – USD0.0m

Healthcare – USD36.5m
[Healthcare][Acquisition] MPIC hospital group buys controlling stake in Los Banos hospital for PHP250 million
[Healthcare][Investment] MPIC inks PHP1.6bn investment deal with Dusit International

Retail F&B – USD1.5m
[F&B][Acquisition] Fruitas buys tofu stores, Kuxina stall chain
[F&B][Investment] Century Pacific buys more shares in Shakey’s

Agribusiness – USD100.0m
[Agribusiness][Fundraising] ANI gets USD100m long term credit for expansion


[Utilities][Investment] Razon-led firm invests in Manila Water
[Industrials][Joint Venture] AbaCore to build PHP1bn cement plant and silo
[Utilities][Investment] Maynilad invests PHP41bn in west zone to expand wastewater services
[Airport][Acquisition] France’s Grouipe ADP Agrees to Buy 49% Stake in GMR’s Airport Arm


Aggregate Deal Values = USD3,145.0m
Note: Deal values only include disclosed completed deals. Rumored, announced, or planned deals not included.
*USD1.00 = PHP50.65