Vista Land raises ₧8.6 billion in three-year corporate notes - BusinessMirror

VISTA Land and Lifescapes Inc., the property development arm of the Villar group, said last Thursday it raised P8.6 billion in three-year notes.The amount is part of the P12 billion in three-year corporate note facility it obtained, Vista Land said in its disclosure.

Vista Land said it has entered into a corporate notes facility agreement with BDO Capital and Investment Corp. and China Bank Capital Corp. as its lead arrangers and bookrunners and Union Bank of the Philippines as joint lead arranger. China Banking Corp.-Trust and Asset Management Group served as facility agent.

Vista Land earlier said it had a net income P6.68 billion in the nine months of the year, a 12 percent increase from last year’s P5.98 billion.

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