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Vista Land income rises on strong demand for projects

Vista Land income rises on strong demand for projects
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Vista Land sets $2-B MTN program

Villar-led property developer Vista Land and Lifescapes Inc. is tapping the offshore debt market via a $2-billion medium-term note (MTN) program. The dollar-denominated bonds will be issued by its unit, VLL International Inc. The amount, interest rates, and terms are yet to be finalized.  “Accordingly, the issuer is expected to…

Vista Land to refinance debt using bond sale proceeds

Property developer Vista Land & Lifescapes Inc. on Wednesday said it has raised P6 billion from the sale of Series F and G bonds. The company has earlier pegged the coupon rate for the Series F bonds at 7.5426 percent due December 2026, and at 7.6886 percent for the five-year…

Vista Land starts ₱10B bond offer

PROPERTY developer Vista Land and Lifescapes Inc. has set the price of its interest rate for its peso-denominated fixed-rate bonds. In its disclosure, rates were set at 7.5426 percent for its paper with a tenor of three years, due December 2026 Series F and at 7.6886 percent for its debt…

Vista Land 9-month income surges as home sales rise

Vista Land & Lifescapes Inc., the property development arm of the Villar Group, said its income in January to September surged 70 percent to P8.21 billion from last year’s P4.82 billion. As of the end of the third quarter, the company launched 27 projects with an estimated value of about…

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