Corporate
Vista Land affiliate VLL completes USD300 million senior notes issue
Vista Land & Lifescapes Inc., the property development arm of the Villar Group, said Tuesday its affiliate, VLL International Inc., has completed the issuance of USD300 million senior guaranteed notes due 2029. The notes carry a coupon of 9.375 percent.
Filinvest REIT expands lease agreement with NZ’s Building Engineering
Filinvest REIT Corp., the real estate investment trust of the Gotianun Group, has extended its lease agreement with Building Engineering and Design Co., a prominent New Zealand-based engineering and architectural firm.
Figaro unit Angel’s Pizza sales driven by partnership with Grab
Figaro Coffee Group Inc. said Monday that its fast-growing pizza chain, Angel’s Pizza, posted P1.2 billion in sales on GrabFood in the first half of 2024 on the back of over 925,000 transactions, a 63 percent increase year-on-year.
Balai in exclusive deal to distribute Polland Hopia in Cebu, Zamboanga
Balai ni Fruitas Inc., a unit of food and beverage kiosk operator Fruitas Holdings Inc., on Monday reported sealing an agreement with D’ Famous Red Box Corp. to exclusively distribute Polland Hopia brand in Cebu and Zamboanga.
Still fluid debt market rates compel JFC to reevaluate preferred share sale
Jollibee Foods Corp. is re-evaluating earlier plans to sell preferred shares to raise capital funds for expansion purposes owing to its domestic business growing faster than expected.
