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Monday, March 1, 2010

Cebu Pacific Names Banks For H1 IPO

Philippine discount airline Cebu Pacific is rumored to have mandated Deutsche and JP Morgan on its IPO. UBS originally held the mandate and tried to bring the deal to market in 2008. The offering is now expected to launch in late March or early April, with a deal size of US$200m–$250m, although details are yet to be finalised.

Source: ifrasia

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