Filinvest Land Inc., the Gotianun family's real estate unit, has raised P9 billion from the third tranche of its P35 billion shelf registered bonds, according to a report by Philstar Biz .
The bond issuance is part of a shelf registration program that allows FLI to issue debt securities in multiple tranches over several years. The third tranche follows earlier offerings under the same program.
The successful bond sale reflects continued investor confidence in FLI's credit profile and the broader Philippine real estate sector's recovery.