Filinvest REIT retires P6B in bonds

Gotianun-led Filinvest REIT Corp. said it had retired P6 billion in long-term retail bonds that were issued by its forerunner corporate entity, Cyberzone Properties Inc.

The 5.05- percent peso-denominated bonds, which were issued in 2017, fell due on Jan. 7 this year.

“The bonds were paid in full the following business day, Jan 9, 2023,” said the company.

Filinvest REIT, a real estate investment trust backed by property giant Filinvest Land Inc., was previously known as Cyberzone Properties.

Shareholders approved the name change to Filinvest REIT on June 25, 2021 before the company listed on the Philippine Stock Exchange in August that same year.

Filinvest REIT earlier tol…

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