MANILA, Philippines – Ayala-led Globe Telecom Inc. has raised P25 billion from an oversubscribed offering of non-voting perpetual preferred shares. In a disclosure on Monday, the telco giant said it gad issued 12.5 million preferred shares priced at P2,000 each, under an offer that was 2.4 times oversubscribed compared with the P15-billion base size.  READ: Globe offers up to 6.7631% dividend rate for preferred shares This allowed the company to fully exercise its P10-billion oversubscription option for an additional 5 million shares.  Globe said proceeds from the fundraising would be used to redeem part of its US dollar perpetual capital […]... Keep on reading: Globe raises P25B from preferred shares sale