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Philippines' Vista Land calls 6¾%, 7.45% notes due 2018, 2019
By Wendy Van Sickle
Columbus, Ohio, Nov. 20 – Philippines-based Vista Land & Lifescapes, Inc. wholly owned subsidiary VLL International, Inc. called its $100 million of 6¾% notes due 2018 and its $225 million of 7.45% notes due 2019 for redemption, according to two company announcements.
The notes will be redeemed on Dec. 21 at par plus a make-whole premium plus accrued interest.
The redemptions are being funded by proceeds of a new issue of 5¾% notes due 2024.
Vista Land is a Mandaluyong City, Philippines-based homebuilder.
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