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DMPL defers $360 Million overseas share offering

23 Jan

BY UNICAPITAL SECURITIES

DMPL has deferred a plan to raise up to $360 million from an overseas offering of US dollar-denominated preferred shares, citing “weak global market conditions.”

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Funds to be generated from the offering was planned to be used on refinancing a bridge loan with BDO after the buyout of Del Monte Foods, Inc.

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Posted by on January 23, 2015 in Corporate News, DMPL, Stock Market

 

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