FLI to raise up to P11.57B via bonds

Filinvest Land, Inc. (FLI) plans to raise up to P11.57 billion through the issuance of fixed-rate peso-denominated bonds, following board approval of the third tranche of its P35-billion shelf registration program with the Securities and Exchange Commission.

The Gotianun-led firm said Monday the planned offer, with maturities of up to 10 years, will refinance existing debt and fund capital expenditures across its business segments, strengthening its capital structure and supporting ongoing projects.

The issuance comes amid improving liquidity and renewed investor appetite for corporate credits, providing established developers access to long-term funding.

“This bond issuance allows us to further strengthen our capital structure while funding projects that directly support our growth priorities,” said Tristan Las Marias, FLI President and CEO. “We remain focused on disciplined expansion, operational efficiency, and delivering long-term value to our stakeholders.”

FLI said additional details, including the final terms and offer timetable, will be disclosed upon receipt of regulatory clearance.

This year, the company plans to launch mid-market and horizontal residential projects in key provincial corridors, including walk-up condominiums and township developments in San Rafael, Bulacan, and Leganes, Iloilo, as well as expansions of The Glens in San Pedro, Laguna, and Sandia Homes in Tanauan, Batangas.

In retail and mixed-use estates, it will pursue asset upgrades and regional mall expansions to enhance tenant mix, boost foot traffic, and strengthen integration within its townships, positioning its malls as community lifestyle hubs.

With over five decades of operations, FLI has a portfolio of residential, office, retail, and industrial assets across the country, providing exposure to urban expansion and housing demand in regional markets.