Filinvest Land, Inc. (PSE: FLI), a major real estate company in the Philippines, has successfully raised ₱9 billion through a bond offering, according to a disclosure filed with the Securities and Exchange Commission on June 2, 2026.

What Are Bonds and Why Did Filinvest Land Issue Them?

Think of bonds like IOUs or promissory notes. When a company needs money, instead of going to a bank for a loan, they can ask investors (people with money) to lend them funds. In return, the company promises to pay back the money after a certain time, plus interest. This is called issuing bonds.

Filinvest Land offered these bonds to investors, and the response was overwhelming—the offering was three times oversubscribed. This means that investors wanted to buy three times more bonds than what was available, showing strong confidence in the company.

Details of the Bond Offering

The bonds are part of Filinvest Land’s ₱35-billion bond shelf-registration program, and this recent issuance represents the third tranche (or portion) of that program. The 3.5-year peso fixed-rate retail bonds were officially listed on the Philippine Dealing and Exchange Corp. (PDEx) on June 2, 2026.

The money raised from this bond offering will be used to refinance maturing debt—essentially, paying off older loans that helped fund the company’s projects in both residential properties (homes and condominiums) and commercial businesses (malls, offices, and industrial parks).

Strong Credit Rating

The bonds received a PRS Aaa rating from Philippine Rating Services Corporation (PhilRatings), which is the highest possible credit rating a company can get. This rating tells investors that Filinvest Land is very likely to pay back its debts on time, thanks to the company’s strong financial health, diverse business portfolio, and good cash flow.

Company Performance in 2026

According to the press release, Filinvest Land has been performing well in 2026. During the first quarter of the year, the company reported healthy growth in reservation sales (early commitments from buyers to purchase properties), even though the overall real estate industry faced challenges.

The company’s recurring income businesses—which include shopping malls, office buildings, and industrial developments—continue to provide steady income and support long-term growth.

What the CEO Said

Tristan Las Marias, Filinvest Land’s President and Chief Executive Officer, commented on the successful bond offering: “The strong response to our bond offering reflects the continued confidence of the investing public in Filinvest Land’s long-term direction and fundamentals. We are grateful for the trust of our investors as we continue to pursue disciplined growth and create long-term value for our stakeholders.”

About Filinvest Land

Filinvest Land is one of the Philippines’ largest real estate developers with more than 280 projects across the country. The company, which is the property arm of Filinvest Development Corporation, has been in business for 70 years and builds various types of properties including housing subdivisions, condominiums, shopping malls, office buildings, and industrial parks.

Some of the company’s major projects include Filinvest City in Alabang (a 244-hectare development), estates in Clark Freeport and Special Economic Zone, and the Filinvest Innovation Park in Calamba, Laguna.

As of this disclosure, Filinvest Land has 22,383,759,506 common shares and 8,000,000,000 preferred shares outstanding.

The bond transaction was managed by a group of leading financial institutions including BDO Capital & Investment Corporation, BPI Capital Corporation, China Bank Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, Land Bank of the Philippines, RCBC Capital Corporation, and SB Capital Investment Corporation, which served as Joint Lead Managers and Underwriters. BPI Asset Management and Trust Corporation acted as trustee for the issuance.