Metro Pacific Hospital Holdings Inc. (MPHHI)., a Philippines-based hospital operator, is seeking to secure 15 to 20 billion Philippine peso ($287 to $383 million) in fresh capital in the next two years.
Metro Pacific, a unit Metro Pacific Investments Corporation, is raising the funds to support its plan of having 30 to 40 hospitals in the future.
Metro Pacific Investments is evaluating whether MPHHI should pursue an initial public offering or private placement to raise the funds.
Moreso, Metro Pacific Hospital Holdings aims to further increase this network to 5,000 beds.