GCash owner Mynt lines up BlackRock for up to $1.3b IPO

Mynt, the operator of Philippine payments service GCash, plans an IPO of up to $1.3 billion. The company will offer up to 8.03 billion shares at up to 10 pesos (about $0.16) each, with BlackRock among the investors.

• Mynt plans to sell up to 8.03 billion shares
• Price set at up to 10 pesos (about $0.16) per share
• IPO size could reach $1.3 billion
• BlackRock is among the investors