Vista Land & Lifescapes Inc., the property arm of the Villar Group, said Thursday it has engaged BDO Capital and Investment Corp. as one of the joint issue managers, joint lead underwriters and joint bookrunners for the issuance of preferred shares seen raising as much as P5 billion.
BDO Capital joins China Bank Capital Corp. and SB Capital Investment Corp. in the underwriting syndicate of Vista Land’s fund-raising effort.
Vista Land plans to offer as much as 50 million non-convertible, non-voting, perpetual series 2 preferred shares at P100 each. The preferred shares have a par value of P0.10 each.
