Vista Land unit to issue dollar notes
Published May 12, 2021, 5:00 AM Vista Land and Lifescapes is planning to raise fresh funds via an issuance of fixed-rate US-Dollar Notes through wholly-owned subsidiary VLL International, Inc. In a disclosure to the Philippine Stock Exchange, the firm said the bonds will be a drawdown from VLLI’s MTN Programme. Vista Land has yet to finalize the size of the issuance. The proceeds of the notes issuance shall be used to refinance existing indebtedness, purchase, develop, construct or improve assets, property or equipment, and for general corporate purposes. Any notes issued will be unconditi...