NEXTASIA Land Inc. has secured a ₱300-million unsecured corporate note facility from qualified investors, marking the company’s first capital market issuance and providing additional funding to support its expansion plans across Southern Luzon.
The transaction signals growing investor confidence in the developer’s long-term growth prospects, supported by its operating track record, financial discipline, and execution strategy in the affordable housing segment.
For NEXTASIA, the fundraising initiative represents more than an additional source of capital. It also establishes the company’s presence in the debt capital market, creating a new avenue for future funding as it expands its footprint in high-growth areas within CALABARZON.
“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.”
Proceeds from the issuance will be used to fund ongoing project development and strategic land acquisitions within the company’s core growth corridors. The move is expected to support NEXTASIA’s continued expansion as it seeks to address demand for affordable housing in Southern Luzon.
The company said the successful issuance also enhances its ability to access the capital markets more efficiently as investor appetite develops, providing greater flexibility to pursue future growth opportunities.
With its focus on delivering value-for-money homes in areas with strong housing demand, NEXTASIA continues to position itself as a developer serving the country’s housing needs while building 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 acted as sole arranger and bookrunner for the transaction, while BPI Asset Management and Trust Corporation will serve as facility agent and paying agent for the corporate notes.
The article was originally published in PhilStar Property.
If you like this article, share it on social media by clicking any of the icons below.
About Post Author
More Stories
Greenfield District puts wellness at the center of community building
Keen & Worth marks new chapter with CREBA membership
MidPark Towers in Aseana City completes four towers, offering 669 units with strategic discounts