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Philippines' Ayala Land mulls third issue of Homestarter Bonds
By Jennifer Chiou
New York, Nov. 11 - Ayala Land, Inc. is contemplating a third issue of its Ayala Land Homestarter Bonds after having concluded the second issue for a total of PHP 504 million of bonds on Oct. 16, according to a 17-C filing with the Philippines' Securities and Exchange Commission.
The company said that details will be revealed later despite the Philippine Star already reporting that the company would issue up to PHP 1 billion of the bonds.
Ayala Land is a Makati City, Philippines-based real estate developer.
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