The property developer said the move is part of its broader strategy to manage capital more efficiently as it pursues expansion and ongoing project development.
The refinancing comes as the company reported a 4-percent rise in first-quarter 2025 attributable net income to P2.96 billion, up from P2.84 billion a year ago.
Consolidated net income also climbed 5 percent to P3.4 billion, lifted by stronger real estate sales during the January-to-March period.
