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MANILA, Philippines — Filinvest Land Inc. (FLI) has fully settled its P1.76-billion fixed-rate bonds that matured on Monday, marking the end of a 5.5-year debt instrument issued at the height of the pandemic.
In a disclosure on Tuesday, the Gotianun-led property developer said it had completed the payment of its fixed-rate bonds worth P1.7646 billion through the Philippine Depository & Trust Corp., which acted as paying agent.
The bonds were issued on Nov. 18, 2020, and matured on May 18, 2026. FLI said the obligations were “paid in full on the same day.”
READ: Filinvest Land Q1 income rises to P1.1B
