Filinvest Land board clears up to P11.7-B bond offer

MANILA, Philippines — Property developer Filinvest Land Inc. (FLI) has secured board approval to raise up to P11.57 billion through a bond issuance to fund expansion and refinance debt. In a statement on Monday, the Gotianun-led listed firm said the planned offering represents the third tranche of its P35-billion shelf registration program with the Securities and