Philippine Nickel Asia IPO priced to raise $107 m

Base Metals Investing

Reuters.com reports that Nickel Asia Corp hopes to raise in the range of $107m when is issues its IPO on Nov 9.

Reuters.com reports that Nickel Asia Corp hopes to raise in the range of $107m when is issues its IPO on Nov 9.

The story is quoted as saying:

Nickel Asia Corp, the Philippines’ biggest nickel miner, could raise more than $100 million after pricing its initial public offering at 15 pesos per share, the low end of an indicative range, its underwriters said on Monday.

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