Manila, Philippines
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Tag: PSE: VLL

Vista Land (VLL) Offers 10-Yr Bonds at 6.2255% p.a.

Vista Land (VLL) Offers 10-Yr Bonds at 6.2255% p.a.

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SEC gave approval for VLL to issue P3M worth of bonds for this tranche with an oversubscription option of another P2M in case of strong demand from investors/ lenders. Offer period is from July 18 to July 28, 2017 or until supplies last. Rate is 6.2255% p.a. for 10-yr bonds.

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Asset Price Bubble Imminent? Oversupply of Condominium Units?

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Is demand still there for these units which will finish 2014, 2015 some even up to 2017? And is the property market heating up so fast with all these investment activities that anytime soon, price increases may just burst and do a free-fall?

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