Gotianun-led Filinvest Land Inc. has secured internal approval to issue up to ₱11.57 billion in fixed-rate bonds, its latest effort to tap the domestic capital market to fund its expansion and refinance existing obligations.

In a disclosure to the Philippine Stock Exchange, the firm said that its executive committee has cleared the issuance of the peso-denominated notes, which will carry maturities of up to 10 years.

Filinvest Land said the planned offering is the third tranche of the company’s ₱35 billion shelf-registration program previously approved by the Securities and Exchange Commission.

To facilitate the transaction, Filinvest Land has assembled a syndicate of local financial institutions, mandating BDO Capital & Investment Corp., BPI Capital Corp., China Bank Capital Corp., East West Banking Corp., First Metro Investment Corp., Land Bank of the Philippines, RCBC Capital Corp., and SB Capital & Investment Corp. as joint issue managers.

Proceeds from the bond sale are earmarked for a mix of debt refinancing and capital expenditures.

“This bond issuance allows us to further strengthen our capital structure while funding projects that directly support our growth priorities. We remain focused on disciplined expansion, operational efficiency, and delivering long-term value to our stakeholders,” Tristan Las Marias, FLI president and chief executive officer, said.

Las Marias noted that the issuance aligns with a strategy of disciplined expansion and operational efficiency, aiming to capitalize on what the company describes as improving liquidity conditions and a renewed investor appetite for high-quality corporate credits.

Filinvest Land's 2026 growth trajectory focuses heavily on horizontal communities and walk-up condominiums in emerging provincial corridors. Key projects slated for development or expansion include townships in San Rafael, Bulacan, and Leganes, Iloilo.

The company is also scaling its presence in Southern Luzon through the expansion of The Glens in San Pedro, Laguna, and Sandia Homes in Tanauan, Batangas.

Beyond residential sales, the developer is reinvesting in its retail and mixed-use portfolio to drive recurring income. The firm plans to enhance its regional malls to better integrate them into its townships, positioning these assets as community hubs for dining and leisure to capture rising consumer spending.

Philippine Rating Services Corp. has been tapped to provide the credit rating for the issuance, while the Philippine Depository & Trust Corp. will serve as the registrar and paying agent. By securing long-term fixed-rate funding now, Filinvest Land seeks to insulate its projects from future interest rate volatility while maintaining its position as one of the country’s most diversified real estate players.