Gotianun-led property developer Filinvest Land Inc. plans to raise P4 billion from a new bond offer within this quarter, using up its existing leeway for such debt issuance to fund expansion plans.
A unit of Hong Kong-based First Pacific Co. Ltd. led by businessman Manuel V. Pangilinan has raised $400 million from the group’s inaugural 10-year international bond offering.
SM Investments Corp. launched Wednesday an offering of P10 billion worth of retail bonds to fund the firm’s expansion of office and hotel property businesses.
Conglomerate Ayala Corp. launched on Friday its public offering of 15-year bonds that were priced to yield 6.875 percent a year.
The Ayala group has lined up another bond offering for the year to take advantage of the country’s highly solvent debt market to access cheap funds.
Property giant Ayala Land Inc. launched on Monday its retail offering of up to P15 billion in long term fixed-rate bonds, the company’s largest fund-raising in the capital market so far.
Tycoon Henry Sy’s flagship holding firm SM Investments Corp. plans to raise as much as P15 billion from an offering of long-term peso-denominated bonds, boosting fresh funds for expansion of its office and hotel property businesses.
Filinvest Land Inc. plans to offer up to P3 billion worth of long-term retail bonds within the month to fund its expansion activities this year. The property developer of the Gotianun family on Thursday reported to the Philippine Stock Exchange that its executive committee had approved the plan to issue and float via public offering [...]
