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Globe raises $600M from equity securities offer

Globe Telecom Inc. has raised from the sale of equity securities abroad $600 million, which it would use to finance network upgrades and to pay off debts. Globe on Wednesday announced its return to the international capital markets after its dual-tranche US dollar-denominated senior notes issuance in 2020. The $600-million fundraising involves five-year dollar-denominated senior…

Onwards to recovery

The extent of this pandemic and its harrowing impact might have been underestimated when it first hit the country. Most of us likely thought that it won’t be a big deal and we’ll just continue on with our weekend dinners and vacation plans. At Globe, we made the right decision not to take it lightly—we…