IFC eyes P4.4-billion investment in Mynt IPO

IFC mulls over P4.4-B GCash IPO investment

The IFC is considering a P4.4 billion investment in GCash's IPO to enhance financial inclusion and support the Philippine stock market.

IFC eyes P4.4-billion investment in Mynt IPO

THE International Finance Corp. (IFC), the private-sector arm of the World Bank Group, has disclosed a planned P4.4-billion…

‘Project Hiraya’: World Bank’s IFC eyes ₱4.4-billion stake in record GCash IPO

IFC Plans US$70 Million Investment in Mynt IPO

GCash parent Mynt could secure US$70 million from the International Finance Corporation (IFC) ahead of its planned Philippine IPO. BusinessWorld reported that IFC plans to participate as a cornerstone investor by acquiring Mynt common shares from its own account, with the proposed commitment valued at about PHP 4.4 billion. The investment, known as Project Hiraya, [...]