Vista Land (VLL) Guarantees 6.1879% Interest on your Investment


$VLL will be offering Retail Bonds with an interest of 6.1879% annually for 10 years. VLL is try to get ₽5,150,000,000 for their 2017 Capital Expenditures. You can start asking China Bank for details.
From the disclosure:

PSE Disclosure Form 4-30 – Material Information/TransactionsReferences: SRC Rule 17 (SEC Form 17-C) and 

Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Corporate Disclosure Relating to Notes Issuance
Background/Description of the Disclosure

Vista Land & Lifescapes, Inc. (the “Company”) has obtained a 10-year corporate notes facility amounting to Five Billion One Hundred Fifty Million Pesos (Php5,150,000,000.00) (the “Facility”) at a fixed rate of 6.1879% per annum. The proceeds of the Facility will be used to pre-fund the Company’s 2017 capital expenditures and refinance its existing indebtedness, and for other general corporate purposes.
For the foregoing purpose, the Company has entered into a Notes Facility Agreement with various financial institutions as Noteholders, China Bank Capital Corporation as the Mandated Lead Arranger, China Banking Corporation –Trust Group as the Facility Agent, and the Company’s subsidiaries namely Brittany Corporation, Crown Asia Properties, Inc., Camella Homes, Inc., Communities Philippines, Inc., Vista Residences, Inc., and Starmalls, Inc., as Subsidiary Guarantors.