Philippines' Vista Land solicits consents to amend 8¼% notes

By Marisa Wong

Madison, Wis., May 8 - Vista Land & Lifescapes, Inc. said it is soliciting consents to some proposed amendments to the trust deed governing its $153 million 8¼% guaranteed notes due 2015.

The company is seeking to modify some financial covenants and related definitions in the terms and conditions of the notes.

Details of the consent solicitation have been sent to noteholders of record.

The consent solicitation began on Wednesday and will end on May 31.

The homebuilder is based in Mandaluyong City, Philippines.

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