Globe sets up to 6.7631% dividend rate for preferred shares

MANILA, Philippines — Ayala-led Globe Telecom Inc. has set the final dividend rates for its upcoming perpetual preferred share sale valued as much as P25 billion. In a disclosure on Wednesday, the telco giant said the base offer consisted of 7.5 million non-voting preferred shares at P2,000 each, equivalent to up to P15 billion. The company