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EM ASIA CREDIT: Global Telecom (GLOPM, NR) - IPO on the cards, but not yet.

EM ASIA CREDIT

"*GCASH CEO: IPO PROCEEDS TO EXPAND BUSINESS, INCLUDING LENDING" - BBG

  • The CEO on the tapes regarding possible future IPO. We assume there is no change to the January 10 statement -"We would like to reiterate that the plan of GCash is to be push-button ready for an IPO when the opportune time comes, but no final decisions have been made at this point."
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"*GCASH CEO: IPO PROCEEDS TO EXPAND BUSINESS, INCLUDING LENDING" - BBG

  • The CEO on the tapes regarding possible future IPO. We assume there is no change to the January 10 statement -"We would like to reiterate that the plan of GCash is to be push-button ready for an IPO when the opportune time comes, but no final decisions have been made at this point."