Listed affordable housing developer Haus Talk, Inc. (HTI) raised P1.8 billion from its maiden bond listing on Philippine Dealing & Exchange Corp. (PDEx) after strong demand prompted an upsizing from the initial P1 billion offer.
The peso-denominated retail bonds, issued in three- and five-year tenors, were priced at 7.0896 percent and 7.5924 percent, respectively. The oversubscription signals solid investor appetite and confidence in HTI’s expansion plans.
At the listing ceremony, PDEx president Stephanie Marie Zulueta said the issuance marks HTI’s deeper engagement with capital markets, following its 2022 debut on the SME Board of the Philippine Stock Exchange.
Proceeds will bankroll land banking, project development, and other corporate needs as the company scales up its pipeline of affordable housing projects.
HTI chairman Terence Madlambayan said the strong take-up reflects investor trust in the firm’s long-term strategy and disciplined growth approach.
The fundraise comes as Haus Talk accelerates expansion across Luzon, aiming to broaden its portfolio of residential communities and meet sustained demand for affordable housing.
The successful listing underscores a receptive bond market, particularly for issuers tapping retail investors to support growth while offering relatively attractive yields.
