By Marisa Wong
Madison, Wis., May 14 - Ayala Land Inc. has launched PHP 2 billion of 4% three-year bonds, according to a letter delivered to the Philippine Stock Exchange.
The bonds make up the company's sixth series of homestarter bonds.
Ayala is a Makati City, Philippines-based holding company with interests in real estate development, banking and financial services, telecommunications, water infrastructure development and management, electronics, information technology, automotives and international operations.
| Issuer: | Ayala Land Inc.
|
| Issue: | Homestarter bonds, sixth series
|
| Amount: | PHP 2 billion
|
| Maturity: | Three years
|
| Coupon: | 4%
|
| Announcement date: | May 14
|
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