FLI raises P9B from latest bond offering

MANILA, Philippines – Filinvest Land Inc. (FLI) has raised P9 billion from a fresh bond offering, providing additional funding as it continues to tap the domestic debt market for capital. The Gotianun-led property developer said it successfully issued P9 billion worth of Series E fixed-rate bonds due 2029, carrying an annual interest rate of 7.3993 percent. The bonds were listed on the Philippine Dealing & Exchange Corp. on June 2. The latest fundraising forms part of the company’s P35-billion shelf-registered bond program approved by regulators in 2023. READ: SEC OKs Filinvest Land’s P35-B bond program FLI said the issuance represents the […]...

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