Philippines’ Del Monte Pacific plans offering of preference shares

By Marisa Wong

Morgantown, W.Va., March 20 – Del Monte Pacific Ltd. plans to offer dollar-denominated series A preference shares. The Philippine Stock Exchange approved the proposed issuance on Friday, according to a company announcement.

The offer period will run from Wednesday to March 28.

The company will host a roadshow presentation on Wednesday in the Philippines.

Based in Taguig City, Philippines, Del Monte Pacific produces and markets packaged vegetable and fruit, beverage and culinary products.

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