Filinvest Land, Inc’s Fixed Rate Bonds due 2025 and 2027
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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
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Issuer |
Filinvest Land, Inc. |
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Issue |
Fixed-Rate Bonds constituting the direct, absolute, unconditional, unsubordinated, and unsecured obligations of FLI |
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Base Offer |
P8,000,000,000.00 |
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Oversubscription Option |
Up to P3,900,000,000.00 |
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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 |
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Final Interest Rate |
3-Year Bonds: 5.3455% per annum 5-Year Bonds: 6.4146% per annum |
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Interest |
Interest on the Bonds shall be calculated on a 30/360-day count basis and shall be paid quarterly in arrears. |
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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 |
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Early Redemption Option |
In whole (but not in part) based on the schedule below:
5-Year Bonds:
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Offer Period |
June 10 – 16, 2022 |
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Issue Date |
June 23, 2022 |
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Rating |
PRS Aaa by PhilRatings |
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Listing |
Philippine Dealing and Exchange Corporation ("PDEx") |
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First Metro’s Role |
Joint Lead Underwriter and Bookrunner |
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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.
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Ignacio Pardo Email Address: This email address is being protected from spambots. You need JavaScript enabled to view it. |
Anjanette Meily Email Address: This email address is being protected from spambots. You need JavaScript enabled to view it. |