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Filinvest Land, Inc. (FLI), a subsidiary of Filinvest Development Corporation (FDC), is one of the country’s leading full-range property developers. For over 50 years, the company has built a diverse project portfolio spanning the archipelago, from its core best-value homes, to townships, mixed-use developments, mid-rise and high-rise condominiums, BPO office buildings, shopping centers, and leisure developments. Staying true to its mission, FLI continues to build the Filipino dream across the Philippines.

 

For more information on FLI, visit https://filinvestland.com/
   

 

Terms of the Offer 

 

Issuer

Filinvest Land, Inc.

Issue

             

Fixed-Rate Bonds constituting the direct, absolute, unconditional, unsubordinated, and unsecured obligations of FLI

Base Offer

P8,000,000,000.00

Oversubscription Option

Up to P3,900,000,000.00

Maturity Date

3-Year Bonds: 3 years from Issue Date or June 23, 2025

5-Year Bonds: 5 years from Issue Date or June 23, 2027

Final Interest Rate

3-Year Bonds: 5.3455% per annum

5-Year Bonds: 6.4146% per annum

Interest

Interest on the Bonds shall be calculated on a 30/360-day count basis and shall be paid quarterly in arrears.

Form and Denomination

Issued in scripless form in minimum denominations of ₱50,000.00 each, and in integral multiples of ₱10,000.00 thereafter, and traded in denominations of ₱10,000.00

Early Redemption Option

In whole (but not in part) based on the schedule below:

 

5-Year Bonds:

Early Remption Option Dates

Early Redemption Price

On the 3rd anniversary of the Issue Date

101.00%

On the 4th anniversary of the Issue Date

100.50%

Offer Period

June 10 – 16, 2022

Issue Date

June 23, 2022

Rating

PRS Aaa by PhilRatings

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.

Download a copy of the Final Offer Supplement.


 

  

Contact Details 

 

Any questions related to the Bond Offering may be directed to the following representatives.

 

Ignacio Pardo

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Anjanette Meily

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