Funding · on the rundown Monday, October 19, 2026
Mynt's 60.9 billion-peso IPO combines new shares and stock sold by holders
Covered by 5 outlets over 7 hours. First reported by Bloomberg at 23:00 UTC on October 19, 2026.
- outlets5
- distinct reports5
- first to latest report7 h
- names in it10
What happened?
- Shares opened at 6.63 pesos on October 20, 2026 and ended the first trading day up 0.5%, while the Philippine Stock Exchange index fell 0.2%.
- By exercising the overallotment option, the deal size was raised from 53 billion pesos to 60.9 billion.
- Over 20 cornerstone investors pledged roughly $500 million, close to 60% of the base deal size, among them the International Finance Corporation, BlackRock, Citadel and Fidelity International.
Mynt's 60.9 billion-peso IPO combined newly issued shares with stock sold by existing shareholders, with new-share proceeds going to the company and secondary proceeds going to selling holders. Among the firm's supporters are Globe Telecom, Ayala Corp and Ant Group, while over 20 cornerstone investors pledged roughly $500 million, close to 60% of the base deal size.
A machine summary written from the reports listed below; read them for the full account. How summaries are made and what is checked.
Who reported it, and when?
| Time | Report | Run by |
|---|---|---|
| Oct 19 23:00 | Report by Bloomberg |
|
| Oct 20 01:37 | GCash owner Mynt's shares inch higher after record Philippine IPO - Reuters |
|
| Oct 20 02:34 | Report by ua.news |
|
| Oct 20 05:31 | Report by WSJ |
|
| Oct 20 06:01 | Report by Bloomberg.com |
|
A report's title is shown once our automated legal check has read it and passed it; 4 reports are named by outlet, and the links lead to each report.
Who was named?
- BlackRock 47 events
- Citadel 8 events
- International Finance Corporation 6 events
- Ant Group
- Globe Telecom
- Ayala Corp
- GCash
- Fidelity International
- Mynt
- Philippine Stock Exchange
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Sources: the outlets' reports linked on this page; counts and times from GetYourBrief's record of those reports (methodology).