Skip to content

Billionaire Razon’s Green Infra Firm Considers Manila IPO

  • Prime Infrastructure seeking to raise up to $472 million
  • First-time share sale could come this year depending on market
Updated on

Prime Infrastructure Holdings Inc., billionaire Enrique Razon’s sustainable infrastructure firm, has filed for an initial public offering in Manila that could raise as much as 25.64 billion pesos ($472 million).

The company will offer about 1.76 billion shares for as much as 14.6 pesos each, according to a preliminary prospectus. The first-time share sale includes an overallotment option to sell 175.6 million shares.