Vista Land & Landscapes Inc., controlled by Philippine billionaire Manuel Villar, says it is evaluating options to raise cash, including selling assets, to meet upcoming debt obligations. The company points to a large bond due in July and says it needs to ensure it can make scheduled payments.
Bloomberg reports the bond totals $420 million and is due next July, framing the review as part of efforts to cover the repayment. Forbes similarly describes Vista Land’s consideration of asset sales, citing research from CreditSights and emphasizing broader debt maturities in the next three years, including a larger $450 million bond due in July 2029. Both accounts tie the company’s planning to liquidity needs around bond deadlines, though they differ on the bond amount referenced and the specific due date cited.
Overall, the outlets agree that Vista Land is reviewing funding alternatives to manage near- to mid-term maturities, with asset sales listed as a key possibility. Neither report indicates that a sale has been finalized.