LISTED firm Alterra Capital Partners Inc. is planning to raise funds both from bank loans and from a follow-on offering to finance its expansion plans.

In a disclosure to the Philippine Stock Exchange (PSE) on Monday, Alterra said its board of directors approved the company’s plan to conduct a follow-on share sale of 500 million primary common shares “at a price to be mutually determined” by Alterra and the appointed underwriter.

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