From Nikkei Asia · · 40s
Mynt prices Philippine IPO at $966m
Mynt sets record $966m IPO price for Philippine digital wallet giant.
In brief
Mynt sets record $966m IPO price for Philippine digital wallet giant. Mynt, parent of GCash, priced its Philippine IPO at $966m to boost financial services. Originally reported by Nikkei Asia.
Mynt IPO pricing
Mynt, parent of digital wallet giant GCash, has set the final offer price for its upcoming listing at 6.60 pesos per share.
Record IPO value
This pricing keeps it on track for the Philippines' largest-ever public offering at about 60.9 billion pesos ($966 million).
Funds allocation
Mynt will use funds to boost its financial services operations after the listing.
At a glance
Mynt, parent of GCash, priced its Philippine IPO at $966m to boost financial services.
