Bloack trades

Metro Pacific raises new capital and Kookmin finally hits the market

The Philippine infrastructure company raises $201 million from a placement at a 5% discount, while Kookmin attempts to sell $1.7 billion of shares in KB Financial and KDIC tries to raise about $141 million by selling shares in Shinhan Financial.

Anette Jönsson

July 08, 2011

It was a busy night for placements in Asia last night with two Korean blocks in the market and Philippine infrastructure investment company Metro Pacific Investments raising Ps8.64 billion ($201 million) from a top-up placement that was upsize due to solid demand.

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