Filinvest Land Inc. (FLI) is returning to the debt market, with its board approving the issuance of the third tranche of retail bonds under its P35-billion shelf registration program with the Securities and Exchange Commission.
The planned offering will raise up to P11.57 billion through fixed-rate, peso-denominated bonds with maturities of up to 10 years. Proceeds will bankroll FLI’s aggressive push into the provinces, where it is scaling up township and mixed-use developments to capture rising demand in the provinces.
The planned issuance follows last year’s P12-billion second tranche, which funded the expansion of the company’s retail and industrial estate portfolio. With interest rates widely expected to ease this year, the timing could allow FLI to lock in competitive funding costs while diversifying its capital sources.
At the forefront of its provincial expansion are two major projects in Pampanga: the 288-hectare Filinvest New Clark City and the 201-hectare Filinvest Mimosa+ Leisure City. Both developments are positioned to benefit from infrastructure upgrades and growing investor interest in Central Luzon as an alternative growth corridor.
The new bond tranche signals management’s confidence in long-term demand for residential, commercial and leisure spaces beyond the capital. It also underscores the company’s strategy of matching long-gestation real estate projects with longer-term funding.
Separately, the board reappointed SyCip Gorres Velayo & Co. as FLI’s independent external auditor for 2026, ensuring continuity in financial oversight as the company embarks on its next expansion phase.
