Filinvest Land Inc., the listed property development arm of the Gotianun Group, completed the payment of its 5.5-year fixed-rate bonds worth P1.76 billion on May 18, 2026, fulfilling its obligations on the securities’ maturity date.
The bonds, issued on Nov. 18, 2020, matured on May 18 and were fully settled on Monday through the company’s paying agent, the Philippine Depository & Trust Corp., according to information released by the firm.
The successful repayment underscores FLI’s continuing ability to meet its financial commitments despite challenging conditions in the property sector, where developers have faced elevated borrowing costs and cautious consumer spending over the past several years.
Filinvest Land will start the public offer of a new fixed-rate, peso-denominated retail bond that is aimed at raising up to P11.57 billion. Proceeds will be used to fund expansion and refinance debt. This bond is the third tranche of its P35-billion shelf-registered bond program with the Securities and Exchange Commission
Filinvest Land remains one of the country’s largest diversified property developers, with interests spanning housing, office developments, retail centers and leisure projects. Among its wholly owned subsidiaries are Filinvest AII Philippines Inc., FCGC Corp., Homepro Realty Marketing Inc., SJR Developers Inc., Festival Supermall Inc., Filinvest Lifemalls Corp. and Leisurepro Inc.
The company has yet to announce plans for another bond offering this year.
The company has continued to pursue expansion opportunities in key growth corridors outside Metro Manila, particularly in emerging regional centers and suburban communities
