Philippines: Ayala Land sells $172.4m bonds, RHI seeks $26.5m via SRO, Vista Land enters hotel biz

Visual from Ayala Land homepage

In three separate business developments in the Philippines, Ayala Land Inc has sold bonds worth $172.4 million, while Roxas Holdings Inc seeks to raise over $26 million via stock rights offer, and Vista Land & Lifescapes Inc has forayed into the hotel business.

Ayala Land achieves $172.4m bonds sale

Property titan Ayala Land Inc (ALI) achieved its target of $172.4 million (P8 billion) bonds sale, amid a strong demand from investors, The Standard reported.

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