FLI pushing through with P12 B bond issue
The Philippine Star|December 20, 2024
Filinvest Land Inc. (FLI), the Gotianun family's listed property developer, is tapping the bond market anew as it looks to raise as much as P12 billion from a fresh round of bond offering.
By RICHMOND MERCURIO

FLI said that it has filed its registration statement with the Securities and Exchange Commission (SEC) in connection with the offer and sale to the public of the fixed-rate bonds approved by its executive committee earlier this month.

The issuance is composed of up to P9 billion-worth of retail bonds with an oversubscription option of up to P3 billion.

It consists of up to three sub-series, namely five-year bonds due 2030, seven-year bonds due 2032 and 10-year bonds due 2035.

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