Maynilad Water Tests Investor Appetite Ahead of What May Be Philippines's Biggest IPO
Philippines utility Maynilad Water Services has started testing investor appetite ahead of an initial public offering that could be the country's biggest ever, people familiar with the matter said.
Maynilad, a provider of water and wastewater services in Metro Manila, and its appointed bankers are holding pre-marketing meetings with institutional investors—including mutual funds—to gauge interest in the offering, one of the people said.
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