Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Thursday it has completed the payment of a bond issued it issued in 2014.
The company said it paid a total P8.8 billion for the 10-year fixed-rate bond that matured on January 24.
The bonds were paid through Filinvest Development’s paying agent, the Philippine Depository & Trust Corp. The funds for the bond repayment will be sourced from the company’s proposed P10 billion bond issue.
Proceeds from the 2014 bond were used to refinance debts and capital expenditures for several real estate projects.
