Robinsons Land Corporation’s Fixed Rate Bonds Due 2026 and 2028

Robinsons Land Corporation (“RLC”) is one of the Philippines’ leading real estate developers in terms of revenues, number of projects and total project size. To-date, it is the second largest mall operator with its extensive portfolio of 53 lifestyle centers nationwide. It has 28 prime office developments anchored on the resilient BPO sector and it is the Sponsor of the biggest Philippine Real Estate Investment Trust in terms of asset size and geographic spread. RLC also has 5 workable centers in the growing flexible workspace segment. It is the largest hotel developer and operator in terms of number of hotels with its 24 diverse, multi-branded hotel properties consisting of the very first Filipino five-star hotel, upscale deluxe hotels, mid-market boutique city and resort hotels, essential service value hotels, and luxury resorts. RLC has 7 industrial facilities capitalizing on abundant opportunities in the logistics sector and over 100 residential properties, including 3 iconic joint venture residential projects with some of the biggest real estate names in Asia. Furthermore, it has 20 mixed-use developments, including 3 landmark Destination Estates that espouse the Live-Work-Play-Inspire lifestyle.

For more information on RLC, visit

Terms of the Offer

Issuer Robinsons Land Corporation
Issue Fixed Rate bonds (the “Bonds”) constituting the direct, unconditional, unsecured and unsubordinated Peso-denominated obligations of RLC
Issue Amount Up to ₱10,000,000,000.00 with an oversubscription option of up to ₱5,000,000,000.00
Maturity Date Series G Bonds: June 30, 2026 or the 3rd anniversary of the Issue Date, if the Issue Date is set at a date other than June 30, 2023

Series H Bonds: June 30, 2028 or the 5th anniversary of the Issue Date, if the Issue Date is set at a date other than June 30, 2023

Final Interest Rate 3 years: 6.0972%

5 years: 6.1663%

Interest Interest on the Bonds shall be calculated on a 30/360-day count basis and shall be paid quarterly in arrear.
Form and Denomination Issued in scripless form in minimum denominations of ₱50,000.00 each, and in multiples of ₱10,000.00 thereafter, and traded in denominations of ₱10,000.00 in the secondary market.
Call Option In whole and not in part based on the schedule below:

Series H Bonds:

Call Option Dates Call Option Price
12th to 15th Interest Payment Date 101.00%
16th to 19th Interest Payment Date 100.50%
Offer Period June 16 – 22, 2023
Issue Date June 30, 2023
Rating PRS Aaa with a Stable Outlook by PhilRatings
Listing Philippine Dealing and Exchange Corporation (“PDEx”)
First Metro’s Role Joint Issue Manager, Joint Lead Underwriter and Joint 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 Prospectus.

Contact Details

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

Mark Joseph Cruz

Email Address:

Krisha Cerin

Email Address: