NEXTASIA Land, Inc., a fast-growing developer of affordable and value-driven residential communities in CALABARZON, has secured a ₱300 million Unsecured Corporate Note Facility from qualified investors, marking its debut in the capital markets and paving the way for its next phase of growth and expansion.
The successful fundraising milestone underscores strong investor confidence in NEXTASIA’s proven operating track record, prudent financial management, disciplined execution, and long-term vision of delivering quality and affordable homes to Filipino families.
The proceeds from the corporate note issuance will be used to fund ongoing project developments and strategic land acquisitions across key growth corridors in Southern Luzon, further strengthening the company’s footprint in one of the country’s fastest-growing residential markets.
“This transaction is an important step in strengthening our capital structure while maintaining flexibility for future expansion,” said NEXTASIA Chairman and CEO Crispin Y. Carreon. “We approached this issuance with discipline—not to maximize size, but to establish a strategic presence in the debt capital market.”
As NEXTASIA’s maiden capital markets transaction, the issuance represents a significant milestone in the company’s growth journey. It also opens a new funding avenue that will enable NEXTASIA to efficiently access capital markets in the future as investor appetite continues to grow, supporting its long-term expansion plans.
With demand for affordable housing remaining robust, NEXTASIA continues to focus on developing value-for-money residential communities that address the country’s housing backlog while creating vibrant, future-ready neighborhoods for Filipino families.
“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.”
BPI Capital Corporation acted as Sole Arranger and Bookrunner for the transaction, while BPI Asset Management and Trust Corporation (BPI Wealth) will serve as Facility Agent and Paying Agent for the corporate notes.
The successful issuance highlights NEXTASIA’s growing credibility among investors and reinforces its commitment to sustainable growth as it expands its portfolio of affordable housing developments across Southern Luzon.
