Del Monte Pacific to issue more dollar preference shares in 2017

By Marisa Wong

Morgantown, W.Va., Oct. 16 – Del Monte Pacific Ltd. said it plans to issue within the year the balance of the preference shares approved by the Philippine Securities and Exchange Commission and Philippine Stock Exchange earlier this year.

The company launched a $200 million offering of dollar-denominated series A preference shares in March, as previously reported.

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

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