Do you want to Make Money and Grow Money?

YES, I want it!


By: Marvin Germo | December 9, 2019

Investment Deal Is Done

Metro Pacific Investments Corporation (MPIC) has finished its deal with Kohlberg Kravis Roberts & Co. (KKR), a United States-based company, and GIC Private Ltd., a Singapore based fund for the P35.3-billion investments in its hospital unit. The firm disclosed that these 2 foreign investors were able to complete the financial deal so that they can now acquire shares in Metro Pacific Hospital Holdings, Inc. (MPHHI) and MPIC’s mandatorily exchangeable bonds. For those who have no idea with this deal, MPHHI postponed its initial public offering because it was able to get this kind of deal. Read my blog for the full story.

Catch me in my live training events! (quick plug)

The heart of why I do these seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! If you would like to know more about how you could time the market check out the training below.

ICON Davao – November 30, 2019
Stock Smarts Manila – November 24, 25, December 8,9,15,2019
Stock Smarts Taiwan – February 15, 2020

Investment Made By KKR

It was also disclosed that KKR made its investment through its Asian Fund III worth $9.1 billion. This fund is initially targeted for investments in the Asia Pacific, specifically in private equity transactions. The investment made by KKR came right after MPIC announced that it would sell P5.2 billion worth of 41.37 million new common shares in MPHHI, it’s hospital unit and as well as MPIC’s mandatorily exchangeable bonds worth P30.1 billion. MPIC reported that once the transaction is completed, its stake in MPHHI would reduce to 20% or equivalent to 132.59 million shares. The investment closed has subsequently delayed the initial public offering of MPHHI supposedly set this year.

Agreement With KKR

In October of this year, Metro Pacific Investments Corporation (MPIC) disclosed that it inked certain definitive agreements for MPPHI and Kohlberg Kravis Roberts & Co. (KKR)—the firm leading a consortium based on the United States. Arran Investments Pte. Ltd, an affiliate of the sovereign wealth fund of the government of Singapore GIC Private Ltd was with the meeting as well. MPIC believed that they have found the best way for MPPHI to go forward with the help of KKR. With this, the firm was able to hold for now the initial public offering for its hospital unit. MPIC then extended its gratitude to all the people involved in the agreement.

Use Of Proceeds

MPIC said that the proceeds from this transaction will go to opening additional hospitals and new healthcare businesses with the MPPHI brand. This is in addition to expanding its current associates, subsidiaries, and joint ventures. The consortium bought an equivalent P30.1-billion mandatorily exchangeable bonds and these may be traded for 239.93 million common shares within a 10-year time or upon listing of MPPHI, whichever comes earlier. From this transaction, the proceeds will be utilized to reduce the bank borrowings of MPIC.

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book