Corporate

Vista Land plans sale of $300 million fixed rate bonds later this month

Property developer Vista Land and Lifescapes Inc. may issue a $300 million in senior unsecured fixed-rate notes, which will come from its $2 billion medium term note program.

Atlas Mining 1H earnings gets boost from higher metal prices, more shipments

Atlas Consolidated Mining and Development Corp. said Monday higher copper and gold prices bolstered its financial results in the first half of 2024, with net income surging to P2.07 billion from P803 million in the year-earlier period, Atlas Mining posted first-half revenues of P12.47 billion, a 23 percent increase on higher metal prices.

Philippine Seven seeks greater presence in the Visayas, Mindanao

Philippine Seven Corp., master franchise holder operating 7-Eleven convenience stores in the Philippines, projects to end the year with at least 4,000 stores across the country, a significant number of the new ones in Mindanao. 

Discovery World divesting from its losing NFT, cryptocurrency venture

Discovery World Corp., a listed company engaged in the hotel and resort business, has abandoned its dream of hitting the jackpot when it ventured into cryptocurrency and non-fungible token sectors

BPI starts Friday offer period for P5-billion bonds to fund sustainable projects

The Bank of the Philippine Islands, the country’s fourth largest lender, has priced its peso-denominated fixed-rate bond due 2026 as it started Friday a two-week offer aimed at raising at least P5 billion to provide loans to sustainable and environment-friendly projects.

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