C08270-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Nov 20, 2023
2. SEC Identification Number
CS200703145
3. BIR Tax Identification No.
006-652-678-000
4. Exact name of issuer as specified in its charter
VISTA LAND & LIFESCAPES, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Lower Ground Floor, Building B, EVIA Lifestyle Center, Vista City, Daanghari, Almanza II, Las Piñas Postal Code 1747
8. Issuer's telephone number, including area code
(632) 8874-5758 / (632) 8872-6947 / (632) 3226-355
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common stock 12,698,007,676
VLL Retail Bonds issued in 2017 (as of 09/30/2023) 5,000,000,000
VLL Retail Bonds issued in 2018 (as of 09/30/2023) 10,000,000,000
VLL Retail Bonds issued in 2019 (as of 09/30/2023) 10,000,000,000
11. Indicate the item numbers reported herein
Item No. 9 – Other Events

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Vista Land & Lifescapes, Inc.VLL

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

VLL Philippine Peso denominated Fixed Retail Bonds - Announcement of Interest Rate of Retail Bonds and Permit to Sell

Background/Description of the Disclosure

Pursuant to the continuing disclosure requirements of the Commission and the Exchange, we hereby disclose that Vista Land & Lifescapes, Inc. (“VLL”) has set the interest rate for its Philippine Peso-denominated fixed-rate bonds at 7.5426% p.a., with a tenor of 3 years, due December 2026 Series F and at 7.6886% p.a. with a tenor of 5 years, due December 2028 Series G.

On November 20, 2023, the Securities and Exchange Commission issued the Certificate of Permit to Offer Securities for Sale in relation to the offer, sale, and issuance by the Company Fixed Rate Bonds consisting of Php 6,000,000,000.00 worth, with an oversubscription option of up to Php 4,000,000,000.00, representing the first tranche of the P35,000,000,000.00 worth of Fixed Rate Bonds, which was registered under shelf registration and covered under MSRD Order No. 65, Series of 2023.

The Bonds will be offered by VLL from November 21 to 29, 2023 through the Joint Issue Managers, Joint Lead Underwriters, and Joint Bookrunners, China Bank Capital Corporation, SB Capital Investment Corporation and Union Bank of the Philippines. Picazo Buyco Tan Fider & Santos is acting as counsel to the Company while Romulo Mabanta Buenaventura Sayoc & delos Angeles is acting as counsel to the joint lead underwriters and joint bookrunners.

The Bonds are set to be issued on December 6, 2023. VLL has been rated AAA by Credit Rating and Investors Services Philippines, Inc. (“CRISP”), while the Bonds have been rated PRS Aaa by the Philippine Rating Services Corporation (“PhilRatings”), which are both the highest ratings assigned by PhilRatings and CRISP.

The Company shall make additional disclosures in respect of the Offer in due course.

Other Relevant Information

-

Filed on behalf by:
Name Gillian Guarina
Designation Investor Relations