Filinvest Land Inc.’s Fixed Rate Bonds Due 2027
FLI is a leading real estate developer in the Philippines, providing real estate products to residential and commercial customers with a particular focus on the affordable and middle market housing segments. The Company has over 50 years of real estate expertise through the “Filinvest” brand. The Company has developed over 2,500 hectares of land and completed a large number of high-profile real estate projects. As of June 30, 2023, the Company’s projects are situated across over fifty-five cities and municipalities, and the Company believes that its product, market and geographic diversification mitigates construction, market and economic risks.
For more information on FLI, visit https://filinvestland.com/
Terms of the Offer
Issuer | Filinvest Land, Inc. (“FLI”) | |||||||
Issue | Fixed Rate Bonds constituting the direct, absolute, unconditional, unsubordinated, and unsecured obligations of FLI | |||||||
Issue Amount | ₱10,000,000,000.00 with an oversubscription option of up to ₱2,000,000,000.00 | |||||||
Tenor and Final Interest Rate | 3.5 Years: 6.9829% per annum | |||||||
Interest Payment | Quarterly | |||||||
Bond Rating | PRS Aaa with a Stable Outlook by PhilRatings | |||||||
Offer Period | November 16-22, 2023 | |||||||
Issue Date | December 1, 2023 | |||||||
Listing | Philippine Dealing and Exchange Corporation (“PDEx”) | |||||||
First Metro’s Role | Joint Lead Underwriter and Bookrunner |
Final Prospectus
Investors are strongly advised to carefully read the contents of the Final Prospectus, together with the financial statements attached thereto.
Contact Details
Any questions related to the Bond Offering may be directed to the following representatives.
Krisha Cerin
Email Address: krisha.cerin@firstmetro.com.ph
Vienna Perol
Email Address: vienna.perol@firstmetro.com.ph