via GRAPHIC PLUS | Makati City, Philippines — NEXTASIA Land, Inc. a fast-growing developer of affordable and value-driven residential communities in CALABARZON, has successfully secured a ₱300 million Unsecured Corporate Note Facility from qualified investors, marking a significant milestone in the company’s capital markets journey and reinforcing investor confidence in its long-term growth strategy.
The issuance reflects growing investor confidence in NEXTASIA’s operating track record, prudent financial management, disciplined execution, and long-term growth strategy.
“This transaction is an important step in strengthening our capital structure while maintaining flexibility for future expansion,” said Crispin Y. Carreon, Chairman and CEO of NEXTASIA. “We approached this issuance with discipline — not to maximize size, but to establish a strategic presence in the debt capital market.”
As the Company’s first capital market issuance, this transaction underscores NEXTASIA’s growth potential in the affordable housing sector. Proceeds from the issuance will support ongoing project development and strategic land acquisitions within its core growth corridors.
This issuance opens an additional funding avenue for NEXTASIA, enabling the company to efficiently and quickly access the capital markets as investor appetite develops, supporting its continued expansion across highgrowth corridors in Southern Luzon.
With a focused strategy on delivering value-for-money homes in high-demand areas, NEXTSIA remains committed to helping address the country’s housing backlog while building vibrant, future-ready communities.
Lester Ong, President of BPI Capital, commented: “We are pleased to support NEXTASIA in this milestone transaction. The company’s clear vision and market positioning, attractive growth prospects, and disciplined approach to execution have been well-received by the investors.”
BPI Capital Corporation (“BPI Capital”) acted as Sole Arranger and Bookrunner for the transaction, while BPI Asset Management and Trust Corporation (“BPI Wealth”) will be acting as Facility Agent and Paying Agent for the corporate notes.
