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Vista Land eyes $300 M from dollar notes issuance
The Philippine Star
|July 23, 2024
Vista Land & Lifescapes Inc. could raise $300 million from the issuance of dollar-denominated notes through its wholly owned international subsidiary.
In a stock exchange filing yesterday, the listed property developer of the Villar Group, disclosed plans for a potential issuance by subsidiary VLL International Inc. of senior unsecured fixed-rate notes under its $2 billion medium-term note program.
The planned notes to be issued will have a five year-tenor with a maturity date of July 29, 2029 and an initial price guidance of 9.5 percent area.
The proceeds will be used for refinancing, working capital, investment and other general corporate purposes.
Bu hikaye The Philippine Star dergisinin July 23, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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