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Vista Land out to raise P35B from bond offers

VILLAR-LED real estate developer Vista Land & Lifescapes Inc. on Wednesday said that its board had approved a resolution to apply for the registration of a Philippine peso-denominated fixed-rate bond program of up to P35 billion.

In a disclosure, the developer said the P35-billion shelf bonds would be offered in tranches within a period of three years from the effective date of the registration statement.