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.