The company said it filed a registration statement with the Securities and Exchange Commission on March 13 covering up to P9 billion in fixed-rate peso retail bonds, with an oversubscription option of P2.5692 billion.
The planned offer will consist of three subseries: 3-year bonds due 2029, 5-year bonds due 2031, and 10-year bonds due 2036.
The issuance will mark the third tranche of Filinvest Land’s P35 billion shelf-registered fixed-rate bond program previously approved by the regulator.
Shelf registration allows the company to raise capital in stages, giving it flexibility to tap investors when market conditions are favorable.
Retail bonds have become a key funding tool for large property developers looking to support construction pipelines while managing balance sheet liquidity.
—Edited by Miguel R. Camus
