International Finance Corporation (IFC)

Money Moves

Invested $100 million in Banque du Caire's IPO, taking about a 7% equity stake; shares began trading on November 2.

Banque du Caire sold 45% of itself for EGP 36.37 billion and began trading on the Egyptian Exchange on November 2, the largest public offering in the market's history. The shares closed their first session at EGP 5.31, up 0.19% from the EGP 5.30 offer price, after rising as high as EGP 5.68.

Updated Nov 2

Money Moves

Cornerstone investor in Mynt's IPO

Mynt raised 60.9 billion pesos and began trading on the Philippine Stock Exchange on October 20, the largest IPO in Philippine history. GCash shares closed their first session at the 6.60 peso offer price after touching 6.76, then slipped to 6.59 the next day.

Updated Oct 22