FLI raises P9B from latest bond offering

MANILA, Philippines – Filinvest Land Inc. (FLI) has raised P9 billion from a fresh bond offering, providing additional funding as it continues to tap the domestic debt market for capital. The Gotianun-led property developer said it successfully issued P9 billion worth of Series E fixed-rate bonds due 2029, carrying an annual interest rate of 7.3993 percent.