Filinvest Land eyes P11.57B from retail bond offer - BusinessWorld Online

Filinvest Land eyes P11.57B from retail bond offer - BusinessWorld Online

GOTIANUN-LED property developer Filinvest Land, Inc. (FLI) said it plans to raise P11.57 billion through a retail bond offer as the company seeks to support expansion outside Metro Manila. In a stock exchange disclosure, the company said the fixed-rate, peso-denominated bonds will have maturities of up to 10 years. The bond offer was approved during FLI’s board meeting on Monday. The issuance represents the third tranche of FLI’s P35-billion she…