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MPTC Raising Up To P50B Ahead Of Merger With SMC Unit
The Philippine Star|January 16, 2025
Expressway giant Metro Pacific Tollways Corp. (MPTC) may sell new shares this year to secure as much as P50 billion, as it looks to trim its debt in preparation for an eventual merger.
- By ELIJAH FELICE ROSALES

MPTC chairman Manuel V. Pangilinan yesterday said the company is eyeing to raise from P30 billion to P50 billion in 2025 through the sale of new shares.

Afterward, the company plans to use the proceeds for debt payments, as it rearranges its balance sheet to gear up for a landmark merger.

Currently, MPTC is negotiating the merger of its toll roads with former rival San Miguel Corp. (SMC). As announced, the objective is to combine the assets of MPTC and SMC's tollway unit to create an infrastructure giant that would be traded publicly.

Bu hikaye The Philippine Star dergisinin January 16, 2025 sayısından alınmıştır.

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MPTC Raising Up To P50B Ahead Of Merger With SMC Unit
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Bu hikaye The Philippine Star dergisinin January 16, 2025 sayısından alınmıştır.

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