UBS steals the show with MPIC $200m top-up

Metro Pacific Investments Corp (MPIC) raised Ps8.9bn ($200m) on February 9 through a top-up placement dominated by demand from long-only funds, as investors took advantage of growth opportunities available in the Philippine stock market. But the action behind the scenes in the run up to the deal was far more exciting, with UBS stealing the show from some of its rivals.