LISTED property giant Ayala Land Inc.’s (ALI) public offer of its largest single-tenored debt issue has already started and will end Thursday this week. This offering is aimed to raise funds for the developer’s capital expenditures.

On Friday, the firm already commenced its public offer of P15-billion bonds due 2014. The public offer will be until 5 p.m. of July 25. The issue and listing date for the bonds is scheduled on July 30, 2013.

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