Vista Land & Lifescapes Inc., the Villar Group’s listed property arm, announced that its wholly owned subsidiary, VLL International Inc., has secured a USD150 million syndicated term loan facility with a fixed annual interest rate of 6.40509 percent.
The loan, guaranteed by Vista Land and several of its key subsidiaries—including Brittany Corp., Crown Asia Properties, Camella Homes, Communities Philippines, Vistamalls, and Vista Residences—will be used to finance, refinance, or reimburse working capital and general corporate needs across the group.
The facility was arranged through a syndicated term loan agreement with Sumitomo Mitsui Banking Corp. Singapore Branch acting as the mandated lead arranger, underwriter, and bookrunner. Sumitomo Mitsui also serves as the facility agent.
The move highlights Vista Land’s ongoing strategy to optimize its capital structure and maintain liquidity amid a challenging macroeconomic environment. By tapping international debt markets, the company reinforces its commitment to supporting its expansion pipeline while managing financial flexibility.
Vista Land continues to build on its diversified real estate portfolio, spanning affordable housing to upscale developments and commercial properties, across key growth areas in the Philippines.
