NEXTASIA Land, Inc. has secured a ₱300 million Unsecured Corporate Note Facility from qualified investors, marking the company’s first capital markets transaction and reinforcing investor confidence in its long-term growth strategy.
The issuance represents a significant milestone for the fast-growing residential developer, which focuses on delivering affordable and value-driven communities across the CALABARZON region.
According to the company, the transaction reflects investor confidence in NEXTASIA’s operating track record, prudent financial management, disciplined execution, and long-term growth potential.
“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,” he added.
Supporting Growth and Expansion
As NEXTASIA’s first foray into the capital markets, the corporate note issuance is expected to provide the company with an additional funding source to support its expansion plans.
Proceeds from the facility will be used for:
- Ongoing project development
- Strategic land acquisitions
- Expansion across high-growth corridors in Southern Luzon
The company said the transaction also opens another avenue for raising capital efficiently as investor appetite for its offerings continues to develop.
Addressing the Housing Demand
NEXTASIA remains focused on delivering affordable housing solutions in high-demand areas while helping address the country’s housing backlog.
Through its developments, the company aims to build:
- Well-designed and value-for-money homes
- Sustainable communities
- Technology-enabled residential developments that cater to the evolving needs of Filipino homebuyers
Strong Investor Reception
BPI Capital Corporation served as the Sole Arranger and Bookrunner for the transaction.
“We are pleased to support NEXTASIA in this milestone transaction,” said Lester Ong, President of BPI Capital.
“The company’s clear vision and market positioning, attractive growth prospects, and disciplined approach to execution have been well received by investors,” he added.
Meanwhile, BPI Wealth will act as the Facility Agent and Paying Agent for the corporate notes.
Building Future-Ready Communities
NEXTASIA Land continues to position itself as a forward-looking residential developer committed to providing affordable housing in key growth areas within CALABARZON.
By focusing on value-driven developments and expanding its access to capital, the company aims to accelerate its growth while contributing to the creation of vibrant and future-ready communities for Filipino families.