Tag: Filinvest Land

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Filinvest Land raises P12B from bond issue; bonds listed on PDEx

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Filinvest Land Inc., the listed property development arm of the Gotianun Group, has successfully tapped the bond market and raised P12 billion to fund capital expenditures and refinance debt. FLI issued  5-, 7- and 10-year peso fixed-rate retail bonds, which are PRS Aaa-rated by the Philippine Rating Services Corp. for their outstanding quality and minimum risk. The bonds were listed on the Philippine Dealing and Exchange Corp. (PDEx). This is the second tranche of FLI’s 2023 bond shelf-registration. 
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