PROPERTY developer Ayala Land, Inc. said on Friday that an aggregate amount of P8.05 million out of the P3 billion Homestarter Bonds that were issued and listed on the Philippine Dealing and Exchange Corp. in October 2016 has been retired.

In a disclosure to the Philippine Stock Exchange (PSE), ALI said that P8.05 million of the bonds has been retired “following the exercise by various bondholders of their Early Down Payment Application option.”

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