VLL International Inc., a subsidiary of Villar-led Vista Land and Lifescapes Inc., has raised $300 million (P13.6 billion) via a seven-year corporate note issue on Thursday, a part of the company’s $1-billion medium-term note program.
The company offered $300 million of senior unsecured notes due 2022 at 7.375 percent interest rate, the Vista Land said in a statement Monday. The plan is to extend its US-dollar notes due 2018 and 2019.
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