Federal Land sells P6.6-B 5-year notes
MANILA, Philippines – Federal Land, Inc., the property development arm of the Metrobank Group, has successfully raised P6.6 billion from its maiden issuance of 5-year fixed rate corporate notes. Solely arranged by First Metro Investment Corporation, the investment banking arm of the Metrobank Group, the issue was subscribed to by 18 participating lenders, which were a mix of banks, trust …
