- Advertisement -
Vista Land and Lifescapes Inc., the property develompent arm of the Villar family, said it plans to raise a still undisclosed amount of dollar-denominated notes.
The company said the notes will be registered under securities regulations of the US.
They will be issued under unit VLL International and will be guaranteed by Vista Land and certain Vista Land subsidiaries.
- Advertisement -
Vista Land has tapped DBS Bank Ltd., HSBC as joint global coordinators, and together with Credit Suisse as joint lead managers and joint bookrunners.
The issuance will be done through Vista Land’s medium-term notes program.
The company said the proceeds of the notes issuance will be used to refinance Vista Land’s existing notes due 2022.
