Corporate
AREIT to acquire 276-hectare Zambales property via share-for-asset swap
AREIT Inc., the listed real estate arm of the Ayala Group, said Wednesday it will acquire a 276-hectare property in Zambales from Buendia Christiana Holdings Corp., a wholly owned subsidiary of ACEN Corp., via property-for-share swap valued at P6.77 billion.
FDC files P32 billion shelf registration of bonds
Filinvest Development Corp., the holding firm of the Gotianun group, on Tuesday said it filed before the Securities and Exchange Commission (SEC) a petition for the shelf registration of peso-denominated fixed rate bonds of up to P32 billion.
PLDT recognized as Leader and PH frontrunner in 2023 Global Child Forum business benchmark
PLDT has been recognized as a Leader in the Global Child Forum’s (GCF) latest global children’s rights and business benchmark, a global assessment and report on the state of children's rights across 1,108 companies, in eight sectors and six regions.
Vista Land sets rates on P10B 3-year, 5-year fixed-rate bonds
Vista Land & Lifescapes Inc. said Tuesday it set the interest rate for its Philippine peso-denominated fixed-rate bond at 7.5426 percent due December 2026 series F and 7.6886 percent for the bond due December 2028 series G.
Philex secures USD100M loan for further Silangan mine devt
Philex Mining Corp. said Tuesday that its wholly-owned subsidiary, Silangan Mindanao Mining Co. Inc, has signed a USD100 million debt facility with a syndicate of banks led by BDO Capital and Investment Corp.
