AREIT to refinance via bonds or loans

By Brix Lelis

Nov 28, 2023 12:24 am

AREIT Inc., the real estate investment trust arm of the Ayala Group, is planning another bond offering to raise capital for operations.

'The company's fixed-rate bond will expire on December 28, 2023. We plan to refinance through either another bond offering from its shelf registration,' AREIT said over the weekend.

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