Sunday, May 17, 2026
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Haus Talk raises P1.8 billion in maiden bond offering

Property developer Haus Talk Inc (HTI) raised P1.8 billion from its maiden issuance of fixed-rate bonds, seeing strong investor demand that pushed the total beyond its initial base offer.

The company said in a disclosure to the stock exchange that the offer consisted of a P1-billion base offer with an oversubscription option of another P1 billion. The offer period ran from March 2 to March 6, 2026.

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Final figures showed P260.02 million was allocated to Series A bonds with a 3-year tenor, while P1.53998 billion went toward Series B bonds with a 5-year tenor. The bonds are scheduled for listing and trading on the Philippine Dealing and Exchange Corp starting March 16, 2026.

Proceeds from the fund-raising activity will be used to fund the expansion projects of the company. HTI projects are primarily located in Antipolo City and parts of Laguna, including San Pedro and Santa Rosa.

As of June 30, 2025, the developer held a land bank of 67 hectares valued at P2.2 billion. Most of that land is earmarked for developments over the next 7 years.

In June, HTI acquired the former National Steel Corp. property in Antipolo, Rizal. The 13.6-hectare property is set to become the next flagship development for the company in the Rizal area, with the project projected to develop about 1,500 units and generate revenues of about P4.9 billion.

Security Bank Capital Investment Corp. was mandated as the issue manager, lead underwriter and bookrunner for the issuance.

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